Edward H. Frank - 13 Jan 2025 Form 4 Insider Report for Blaize Holdings, Inc. (BZAI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Jan 2025, 21:01:59 UTC
Prior SEC filing
12 Dec 2024
Next SEC filing
14 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Harminder Sehmi, Attorney-in-Fact

Key filing fact

Edward H. Frank filed Form 4 for Blaize Holdings, Inc. (BZAI) on 15 Jan 2025.

Key facts

  • This page summarizes Edward H. Frank's Form 4 filing for Blaize Holdings, Inc. (BZAI).
  • 4 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 15 Jan 2025, 21:01.

Change

  • Previous filing in this sequence was filed on 12 Dec 2024.
  • 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
+90,999
Change %
Price
Shares after
90,999
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
+212,169
Change %
Price
Shares after
212,169
Date
13 Jan 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
212,169
Exercise price
$0.5700
Footnotes
F2, F3
BZAI transaction Derivative

Stock Option

Award

Transaction value
Shares
+350,970
Change %
Price
Shares after
350,970
Date
13 Jan 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
350,970
Exercise price
$1.18
Footnotes
F2, F3
BZAI transaction Derivative

Stock Option

Award

Transaction value
Shares
+146,237
Change %
Price
Shares after
146,237
Date
13 Jan 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
146,237
Exercise price
$1.18
Footnotes
F2, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents 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 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, 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 as to one third of the underlying shares on December 1, 2025, and thereafter in 24 equal monthly installments

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