William Magnuson - Sep 1, 2023 Form 4 Insider Report for Braze, Inc. (BRZE)

Role
Chief Executive Officer, Director
Signature
/s/ Nathan Jeffries, Attorney-in-Fact
Stock symbol
BRZE
Transactions as of
Sep 1, 2023
Transactions value $
$0
Form type
4
Date filed
9/12/2023, 06:02 PM
Previous filing
Aug 18, 2023
Next filing
Nov 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRZE Class A Common Stock Other $0 +235 $0.00 235 Sep 1, 2023 See footnote F1, F2
transaction BRZE Class A Common Stock Other $0 +235 +100% $0.00 470 Sep 8, 2023 See footnote F1, F2
holding BRZE Class A Common Stock 479K Sep 1, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro-rata in-kind distribution of shares of Class A Common Stock by a venture capital fund to its limited partners, including an affiliate of the reporting person. The reporting person paid no consideration for the distribution and exercised no control over the distribution.
F2 The securities are held by a limited liability company in which the reporting person is a member. The reporting person shares voting and investment control of the shares and may be deemed to beneficially own the shares.
F3 Of the reported shares, 287,072 shares are represented by restricted stock units.