Tara Walpert Levy - 25 Jun 2025 Form 4 Insider Report for Braze, Inc. (BRZE)

Role
Director
Signature
/s/ Susan Wiseman, Attorney-in-Fact
Issuer symbol
BRZE
Transactions as of
25 Jun 2025
Net transactions value
+$360,817
Form type
4
Filing time
27 Jun 2025, 16:35:09 UTC
Previous filing
25 Apr 2025
Next filing
02 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Levy Tara Walpert Director C/O BRAZE, INC., 63 MADISON BUILDING, 28 E. 28TH STREET, FLOOR 12 MAILROOM, NEW YORK /s/ Susan Wiseman, Attorney-in-Fact 27 Jun 2025 0001583097

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRZE Class A Common Stock Conversion of derivative security $0 +73,938 +484% $0.000000 89,207 25 Jun 2025 Direct
transaction BRZE Class A Common Stock Award $0 +5,033 +5.6% $0.000000 94,240 26 Jun 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -73,938 -100% $0.000000 0 25 Jun 2025 Class B Common Stock 73,938 $4.88 Direct F2, F3
transaction BRZE Class B Common Stock Options Exercise $360,817 +73,938 $4.88 73,938 25 Jun 2025 Class A Common Stock 73,938 Direct F3
transaction BRZE Class B Common Stock Conversion of derivative security $0 -73,938 -100% $0.000000 0 25 Jun 2025 Class A Common Stock 73,938 Direct F3
holding BRZE Class B Common Stock 62,562 25 Jun 2025 Class A Common Stock 62,562 See footnote F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities represent a restricted stock unit ("RSU") award and shall vest on the earlier of (i) June 26, 2026, or (ii) the date immediately preceding the date of the Issuer's 2026 annual meeting of stockholders, in each case subject to the Reporting Person's continuous service on such vesting date.
F2 This award is fully vested.
F3 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.
F4 The securities are held by a family trust, of which the reporting person's spouse is the trustee. The Reporting Person shares voting and investment control of the shares and may be deemed to beneficially own the shares. The Reporting Person disclaims beneficial ownership of such shares except to the extent of her proportionate pecuniary interest therein.