Russell L. Fleischer Under A. - 13 Dec 2023 Form 4 Insider Report for Braze, Inc. (BRZE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Dec 2023, 16:15:19 UTC
Prior SEC filing
14 Nov 2023
Next SEC filing
15 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher Schiavo, as Attorney-in-Fact for Russell L. Fleischer

Key filing fact

Russell L. Fleischer Under A. filed Form 4 for Braze, Inc. (BRZE) on 15 Dec 2023.

Key facts

  • This page summarizes Russell L. Fleischer Under A.'s Form 4 filing for Braze, Inc. (BRZE).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 15 Dec 2023, 16:15.

Change

  • Previous filing in this sequence was filed on 14 Nov 2023.
  • Current net transaction value: -$1,424,224.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BRZE transaction

Class A Common Stock

Sale

Transaction value
$1,424,224
Shares
-26,037
Change %
-57%
Price
$54.70
Shares after
19,813
Date
13 Dec 2023
Ownership
Direct
Footnotes
F1
BRZE holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
59,223
Date
13 Dec 2023
Ownership
By Battery Investment Partners XI, LLC
Footnotes
F2
BRZE holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,277,820
Date
13 Dec 2023
Ownership
By Battery Ventures XI-A, L.P.
Footnotes
F3
BRZE holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
337,628
Date
13 Dec 2023
Ownership
By Battery Ventures XI-B, L.P.
Footnotes
F4
BRZE holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,327,575
Date
13 Dec 2023
Ownership
By Battery Ventures XI-A Side Fund, L.P.
Footnotes
F5
BRZE holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
287,873
Date
13 Dec 2023
Ownership
By Battery Ventures XI-B Side Fund, L.P.
Footnotes
F6
BRZE holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
29,250
Date
13 Dec 2023
Ownership
By Battery Investment Partners Select Fund I, L.P.
Footnotes
F7
BRZE holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,395,750
Date
13 Dec 2023
Ownership
By Battery Ventures Select Fund I, L.P.
Footnotes
F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $54.70 to $54.75 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 securities sold at each separate price within the range set forth in this footnote.

Footnote F2

Securities are held by Battery Investment Partners XI, LLC ("BIP XI"). BIP XI. Battery Partners XI, LLC ("BP XI") is the managing member of BIP XI. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

Footnote F3

Securities are held by Battery Ventures XI-A, L.P. ("BV XI-A"). BP XI is the general partner of BV XI-A. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

Footnote F4

Securities are held by Battery Ventures XI-B, L.P. ("BV XI-B"). BP XI is the general partner of BV XI-B. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

Footnote F5

Securities are held by Battery Ventures XI-A Side Fund, L.P. ("BV XI-A SF"). Battery Partners XI Side Fund, LLC ("BP XI SF") is the general partner of BV XI-A SF. The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

Footnote F6

Securities are held by Battery Ventures XI-B Side Fund, L.P. ("BV XI-B SF"). BP XI SF is the general partner of BV XI-B SF. The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over the securities held by BV XI-B SF. The Reporting Persons disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

Footnote F7

Securities are held by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). The sole general partner of BIP Select I is Battery Partners Select Fund I GP, LLC ("BP Select I GP"). The Reporting Person is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

Footnote F8

Securities are held by Battery Ventures Select Fund I, L.P. ("BV Select I"). The sole general partner of BV Select I is Battery Partners Select Fund I, L.P. ("BP Select I"). The general partner of BP Select I is BP Select I GP. The Reporting Person is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over these securities. The Reporting Persons disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.

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