Key facts
- This page summarizes InterWest Management Partners X, LLC's Form 4 filing for Braze, Inc. (BRZE).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 09 Feb 2022, 16:00.
InterWest Management Partners X, LLC - 08 Feb 2022 Form 4 Insider Report for Braze, Inc. (BRZE)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- BRZE
- Reported as of
- 08 Feb 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 09 Feb 2022, 16:00:21 UTC
- Prior SEC filing
- 23 Nov 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Karen A. Wilson, Attorney-in Fact for InterWest Partners X, LP
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
InterWest Management Partners X, LLC filed Form 4 for Braze, Inc. (BRZE) on 09 Feb 2022.
Change
- Previous filing in this sequence was filed on 23 Nov 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BRZE
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +3,394,219
- Change %
- Price
- Shares after
- 3,394,219
- Date
- 08 Feb 2022
- Ownership
- By: InterWest Partners X, LP
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BRZE
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -3,394,219
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 08 Feb 2022
- Ownership
- By: InterWest Partners X, LP
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,394,219
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Each share of Class B Common Stock, par value $0.001 per share (the "Class B Common Stock"), converted into one share of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), at the option of the holder.
Footnote F2
The reported securities are owned directly by InterWest Partners X, L.P. ("IW X"). The general partner of IW X is InterWest Management Partners X, LLC ("IMP X") and may be deemed to beneficially own the shares held by IW X. Gilbert H. Kliman is the managing director of IMP X and Keval Desai and Khaled A. Nasr are venture members of IMP X. The managing director and venture members of IMP X share voting and investment control with respect to the securities held by IW X. Each of IMP X, Mr. Kliman, Mr. Desai and Mr. Nasr disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
Footnote 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.