Key facts
- This page summarizes Francis P. Patchel's Form 4 filing for Backblaze, Inc. (BLZE).
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 23 Aug 2024, 20:44.
Francis P. Patchel - 21 Aug 2024 Form 4 Insider Report for Backblaze, Inc. (BLZE)
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- BLZE
- Reported as of
- 21 Aug 2024
- Net transaction value
- -$68,997
- SEC form
- 4
- Accepted by SEC
- 23 Aug 2024, 20:44:52 UTC
- Prior SEC filing
- 20 Aug 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Thomas MacMitchell - Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Francis P. Patchel filed Form 4 for Backblaze, Inc. (BLZE) on 23 Aug 2024.
Change
- Previous filing in this sequence was filed on 20 Aug 2024.
- Current net transaction value: -$68,997.
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.
BLZE
transaction
Class A Common Stock
Sale
- Transaction value
- $21,366
- Shares
- -3,370
- Change %
- -2.1%
- Price
- $6.34
- Shares after
- 155,746
- Date
- 21 Aug 2024
- Ownership
- Direct
- Footnotes
- F1, F2
BLZE
transaction
Class A Common Stock
Sale
- Transaction value
- $20,283
- Shares
- -3,261
- Change %
- -2.1%
- Price
- $6.22
- Shares after
- 152,485
- Date
- 22 Aug 2024
- Ownership
- Direct
- Footnotes
- F1, F3
BLZE
transaction
Class A Common Stock
Sale
- Transaction value
- $27,348
- Shares
- -4,240
- Change %
- -2.8%
- Price
- $6.45
- Shares after
- 148,245
- Date
- 23 Aug 2024
- Ownership
- Direct
- Footnotes
- F1, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Francis P. Patchel is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
Footnote F2
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.245 to $6.445, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Footnote F3
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.145 to $6.35, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Footnote F4
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.22 to $6.64, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.