Gleb Budman - 10 Aug 2024 Form 4 Insider Report for Backblaze, Inc. (BLZE)

Role: CEO and Chairperson, Director
Signature: /s/ Thomas MacMitchell - Attorney-in-Fact
Issuer symbol: BLZE
Transactions as of: 10 Aug 2024
Net transactions value: $0
Form type: 4
Filing time: 13 Aug 2024, 18:00:32 UTC
Previous filing: 23 Feb 2024
Next filing: 23 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BLZE	Class A Common Stock	Award	$0	+237,860	+14%	$0.000000	1,886,575	10 Aug 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Class A common stock for each RSU. The RSUs are subject to a service-based vesting requirement, which will vest on a quarterly basis over approximately 2 years with the first 1/8th tranche vesting on August 20, 2024, provided that the Reporting Person remains in continuous service through each such vesting date.

Content

The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Class A common stock for each RSU. The RSUs are subject to a service-based vesting requirement, which will vest on a quarterly basis over approximately 2 years with the first 1/8th tranche vesting on August 20, 2024, provided that the Reporting Person remains in continuous service through each such vesting date.