Key facts
- This page summarizes MCG7 Capital Inc.'s Form 4 filing for Braze, Inc. (BRZE).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 14 Nov 2024, 14:35.
MCG7 Capital Inc. - 13 Nov 2024 Form 4 Insider Report for Braze, Inc. (BRZE)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- BRZE
- Reported as of
- 13 Nov 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 14 Nov 2024, 14:35:01 UTC
- Prior SEC filing
- 08 Nov 2022
- Next SEC filing
- 13 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- MCG7 Capital Inc., by /s/ Jacob Horowitz, Director
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
MCG7 Capital Inc. filed Form 4 for Braze, Inc. (BRZE) on 14 Nov 2024.
Change
- Previous filing in this sequence was filed on 08 Nov 2022.
- 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
- +4,278,960
- Change %
- +98%
- Price
- Shares after
- 8,634,408
- Date
- 13 Nov 2024
- Ownership
- see footnote
- 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
- -4,278,960
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 13 Nov 2024
- Ownership
- see footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 4,278,960
- 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 $0.0001 per share (the "Class B Common Stock"), was converted into one share of Class A Common Stock, par value $0.0001 per share (the "Class A Common Stock"), at the option of the holder.
Footnote F2
The shares held by Binder Clip Holdings LLC ("Binder"), the indirect wholly-owned subsidiary of MCG7 Capital Inc. ("MCG7"), and the shares held by Appboy BH LLC ("Appboy"), the direct wholly-owned subsidiary of Binder, may be deemed to be beneficially owned by MCG7. Voting and dispositive power with respect to the shares held by Appboy is exercised by the board of managers of Appboy. Voting and dispositive power with respect to the shares held by Binder is exercised by the board of managers of Binder. The board of directors of MCG7, the board of managers of Binder, and the board of managers of Appboy are composed of the same three individuals, Laurent Attar, Zev Zlotnick and Jacob Horowitz. Decisions of MCG7 are made by a vote of a majority of directors, and as a result, no single person has voting or dispositive authority over such securities. Each director of MCG7, each manager of Binder, and each manager of Appboy disclaims beneficial ownership of such securities.
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.