Munagala Dinakar - 13 Jan 2025 Form 4 Insider Report for Blaize Holdings, Inc. (BZAI)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: BZAI
Reported as of: 13 Jan 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 15 Jan 2025, 20:44:52 UTC
Next SEC filing: 04 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Harminder Sehmi, Attorney-in-Fact

Key filing fact

Munagala Dinakar filed Form 4 for Blaize Holdings, Inc. (BZAI) on 15 Jan 2025.

Key facts

This page summarizes Munagala Dinakar's Form 4 filing for Blaize Holdings, Inc. (BZAI).
5 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 15 Jan 2025, 20:44.

Change

No earlier filing in this sequence is available for direct comparison.
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

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.

BZAI transaction

Common Stock

Award

Transaction value
Shares: +1,924,725
Change %
Price
Shares after: 1,924,725
Date: 13 Jan 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BZAI transaction Derivative

Stock Option

Award

Transaction value
Shares: +176,503
Change %
Price
Shares after: 176,503
Date: 13 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 176,503
Exercise price: $14.62
Footnotes: F2, F3

BZAI transaction Derivative

Stock Option

Award

Transaction value
Shares: +114,650
Change %
Price
Shares after: 114,650
Date: 13 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 114,650
Exercise price: $1.29
Footnotes: F2, F3

BZAI transaction Derivative

Stock Option

Award

Transaction value
Shares: +4,150,347
Change %
Price
Shares after: 4,150,347
Date: 13 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,150,347
Exercise price: $0.5700
Footnotes: F2, F4

BZAI transaction Derivative

Stock Option

Award

Transaction value
Shares: +5,755,192
Change %
Price
Shares after: 5,755,192
Date: 13 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,755,192
Exercise price: $1.18
Footnotes: F2, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of December 22, 2023 and amended on April 22, 2024, October 24, 2024 and November 21, 2024 (the "Merger Agreement"), by and between the Issuer (formerly BurTech Acquisition Corp.), BurTech Merger Sub Inc., Blaize, Inc. ("Legacy Blaize") and for the limited purposes set forth therein, Burkhan Capital LLC. Includes 1,371,303 Earn-Out Shares, each of which represents a contingent right to receive one share of Common Stock if the trading price of the Issuer's Common Stock exceeds certain thresholds for 20 of 30 consecutive trading days post-closing of the Issuer's business combination.

Footnote F2

Represents securities received as part of the Merger Agreement, pursuant to which securities of Legacy Blaize were automatically converted into the right to receive stock options of the Issuer as set forth in the Merger Agreement.

Footnote F3

The stock option is fully vested and exercisable.

Footnote F4

The stock option vests in 36 substantially equal monthly installments beginning on October 19, 2023.

Footnote F5

The stock option vests as to one third of the underlying shares on July 1, 2025 and thereafter in 24 equal monthly installments.