| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BRZE | Class A Common Stock | Conversion of derivative security | +4.5K | +1.85% | 247K | Aug 1, 2024 | Direct | F1, F2 | ||
| transaction | BRZE | Class A Common Stock | Sale | -$129K | -3.1K | -1.25% | $41.76 | 244K | Aug 1, 2024 | Direct | F2, F3, F4 |
| transaction | BRZE | Class A Common Stock | Sale | -$42.8K | -1K | -0.41% | $42.84 | 243K | Aug 1, 2024 | Direct | F2, F3, F5 |
| transaction | BRZE | Class A Common Stock | Sale | -$17.5K | -400 | -0.16% | $43.84 | 243K | Aug 1, 2024 | Direct | F2, F3, F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BRZE | Stock Option (Right to Buy) | Options Exercise | $0 | -4.5K | -4.3% | $0.00 | 100K | Aug 1, 2024 | Class B Common Stock | 4.5K | $4.88 | Direct | F1, F7 |
| transaction | BRZE | Class B Common Stock | Options Exercise | $22K | +4.5K | $4.88 | 4.5K | Aug 1, 2024 | Class A Common Stock | 4.5K | Direct | F1 | ||
| transaction | BRZE | Class B Common Stock | Conversion of derivative security | $0 | -4.5K | -100% | $0.00* | 0 | Aug 1, 2024 | Class A Common Stock | 4.5K | Direct | F1 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Each share of Class B Common Stock is convertible into one share of Class A Common Stock (A) at any time at the option of the Reporting Person or (B) automatically upon the occurrence of the following: (1) the transfer of such share of Class B Common Stock, except for certain transfers whereby the Reporting Person continues to hold sole voting and dispositive power with respect to each such share, (2) the death of a Class B common stockholder who is a natural person, (3) the last trading day of the fiscal quarter immediately following the fifth anniversary of the Issuer's initial public offering, (4) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B common stock and (5) the last trading day of the fiscal quarter during which the then outstanding shares of Class B Common Stock first represent less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock. |
| F2 | Of the reported shares, 182,202 shares are represented by restricted stock units. |
| F3 | Shares were sold pursuant to a Rule 10b5-1 trading plan adopted on January 11, 2024. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.19 to $42.17 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.37 to $43.30 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F6 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.69 to $43.98 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F7 | One fourth (1/4th) of the shares subject to the option award vested on January 31, 2021, and one thirty-sixth (1/36th) of the remaining shares subject to the option award vested or shall vest on the last day of each month thereafter, subject to the Reporting Person's continuous service through such vesting date. |