Filing Details

Accession Number:
0001209191-21-066502
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-23 16:56:01
Reporting Period:
2021-11-19
Accepted Time:
2021-11-23 16:56:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1676238 Braze Inc. BRZE () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1108424 L Russell Fleischer One Marina Park Drive, Suite 1100
Boston MA 02210
No No Yes No
1199926 R Scott Tobin One Marina Park Drive, Suite 1100
Boston MA 02210
No No Yes No
1404868 H Roger Lee One Marina Park Drive, Suite 1100
Boston MA 02210
No No Yes No
1568322 Jesse Feldman One Marina Park Drive, Suite 1100
Boston MA 02210
No No Yes No
1741527 R. Chelsea Stoner One Marina Park Drive, Suite 1100
Boston MA 02210
No No Yes No
1844915 Battery Ventures Select Fund I, L.p. One Marina Park Drive, Suite 1100
Boston MA 02210
No No Yes No
1845092 Battery Investment Partners Select Fund I, L.p. One Marina Park Drive, Suite 1100
Boston MA 02210
No No Yes No
1869352 Battery Partners Select Fund I Gp, Llc One Marina Park Drive, Suite 1100
Boston MA 02210
No No Yes No
1869424 Battery Partners Select Fund I, L.p. One Marina Park Drive, Suite 1100
Boston MA 02210
No No Yes No
1869544 Dharmesh Thakker One Marina Park Drive, Suite 1100
Boston MA 02210
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-11-19 7,847,306 $0.00 7,847,306 No 4 C Indirect see footnote
Common Stock Acquisiton 2021-11-19 7,569,790 $0.00 7,569,790 No 4 C Indirect see footnote
Common Stock Acquisiton 2021-11-19 221,708 $0.00 221,708 No 4 C Indirect see footnote
Common Stock Acquisiton 2021-11-19 2,241,717 $0.00 2,241,717 No 4 C Indirect see footnote
Common Stock Disposition 2021-11-19 7,847,306 $0.00 0 No 4 J Indirect see footnote
Common Stock Disposition 2021-11-19 7,569,790 $0.00 0 No 4 J Indirect see footnote
Common Stock Disposition 2021-11-19 221,708 $0.00 0 No 4 J Indirect see footnote
Common Stock Disposition 2021-11-19 2,241,717 $0.00 0 No 4 J Indirect see footnote
Class A Common Stock Acquisiton 2021-11-19 1,100,000 $0.00 1,100,000 No 4 C Indirect see footnote
Class A Common Stock Acquisiton 2021-11-19 29,250 $65.00 29,250 No 4 P Indirect see footnote
Class A Common Stock Acquisiton 2021-11-19 295,750 $65.00 1,395,750 No 4 P Indirect see footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect see footnote
No 4 C Indirect see footnote
No 4 C Indirect see footnote
No 4 C Indirect see footnote
No 4 J Indirect see footnote
No 4 J Indirect see footnote
No 4 J Indirect see footnote
No 4 J Indirect see footnote
No 4 C Indirect see footnote
No 4 P Indirect see footnote
No 4 P Indirect see footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A-1 Preferred-NV Stock Disposition 2021-11-19 38,767 $0.00 38,767 $0.00
Common Stock Series A-1 Preferred-NV Stock Disposition 2021-11-19 37,396 $0.00 37,396 $0.00
Common Stock Series A Preferred Stock Disposition 2021-11-19 159,150 $0.00 159,150 $0.00
Common Stock Series A Preferred Stock Disposition 2021-11-19 1,609,187 $0.00 1,609,187 $0.00
Common Stock Series A Preferred-NV Stock Disposition 2021-11-19 275,116 $0.00 275,116 $0.00
Common Stock Series A Preferred-NV Stock Disposition 2021-11-19 265,387 $0.00 265,387 $0.00
Common Stock Series B Preferred Stock Disposition 2021-11-19 51,586 $0.00 51,586 $0.00
Common Stock Series B Preferred Stock Disposition 2021-11-19 521,585 $0.00 521,585 $0.00
Common Stock Series B Preferred-NV Stock Disposition 2021-11-19 324,063 $0.00 324,063 $0.00
Common Stock Series B Preferred-NV Stock Disposition 2021-11-19 312,603 $0.00 312,603 $0.00
Common Stock Series C Preferred Stock Disposition 2021-11-19 5,351,696 $0.00 5,351,696 $0.00
Common Stock Series C Preferred Stock Disposition 2021-11-19 5,162,432 $0.00 5,162,432 $0.00
Common Stock Series D Preferred Stock Disposition 2021-11-19 781,624 $0.00 781,624 $0.00
Common Stock Series D Preferred Stock Disposition 2021-11-19 753,984 $0.00 753,984 $0.00
Common Stock Series E Preferred Stock Disposition 2021-11-19 1,076,040 $0.00 1,076,040 $0.00
Common Stock Series E Preferred Stock Disposition 2021-11-19 1,037,988 $0.00 1,037,988 $0.00
Common Stock Series E Preferred Stock Disposition 2021-11-19 10,972 $0.00 10,972 $0.00
Common Stock Series E Preferred Stock Disposition 2021-11-19 110,945 $0.00 110,945 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2021-11-19 7,847,306 $0.00 7,847,306 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2021-11-19 7,569,790 $0.00 7,569,790 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2021-11-19 221,708 $0.00 221,708 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2021-11-19 2,241,717 $0.00 2,241,717 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-11-19 1,100,000 $0.00 1,100,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
7,847,306 No 4 J Indirect
7,569,790 No 4 J Indirect
221,708 No 4 J Indirect
2,241,717 No 4 J Indirect
1,141,717 No 4 C Indirect
Footnotes
  1. Each share of Series A-1 Preferred Stock-NV, Series A Preferred Stock, Series A Preferred Stock-NV, Series B Preferred Stock, Series B Preferred Stock-NV, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock automatically converted into shares of Common Stock on a 1:1 basis prior to being reclassified into shares of Series B Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering.
  2. Represents (i) 277,516 shares held by Battery Investment Partners XI, LLC ("BIP XI"); (ii) 5,987,707 shares held by Battery Ventures XI-A, L.P. ("BV XI-A"); and (iii) 1,582,083 shares held by Battery Ventures XI-B, L.P. ("BV XI-B").
  3. Battery Partners XI, LLC ("BP XI") is the general partner of each of BV XI-A and BV XI-B and the managing member of BIP XI. BP XI may be deemed to beneficially own the shares held by BIP XI, BV XI-A and BV XI-B (collectively, the ("BP XI Funds"). BP XI's investment adviser is Battery Management Corp. ("BMC"). Neeraj Agrawal, Michael Brown, Jesse Feldman, Russell Fleischer, Roger Lee, Chelsea Stoner, Dharmesh Thakker, and Scott Tobin (collectively the "BP XI Managing Members") are the managing members of BP XI and may be deemed to share voting and dispositive power over the securities held by the BP XI Funds.
  4. Each of the reporting persons disclaims beneficial ownership of these securities except to the extent of his, her or its 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. Mr. Agrawal is a director of the Issuer and files separate Section 16 reports.
  5. Represents (i) 6,220,863 shares held by Battery Ventures XI-A Side Fund, L.P. ("BV XI-A SF") and (ii) 1,348,927 shares held by Battery Ventures XI-B Side Fund, L.P. ("BV XI-B SF").
  6. Battery Partners XI Side Fund, LLC ("BP XI SF") is the general partner of each of BV XI-A SF and BV XI-B SF (collectively, the "BP XI SF Funds") and may be deemed to beneficially own the shares held by the BP XI SF Funds. BP XI SF's investment adviser is BMC. The BP XI Managing Members are the managing members of BP XI SF and may be deemed to share voting and dispositive power over the securities held by the BP XI SF Funds.
  7. Shares are held by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). Battery Partners Select Fund I GP, LLC ("BP Select I GP") is the general partner of BIP Select I and may be deemed to beneficially own the shares held by BIP Select I. BP Select I GP's investment adviser is BMC. The BP XI Managing Members and Morad Elhafed (collectively, the "BP Select Managing Members") are the managing members of BP Select I GP and may be deemed to share voting and dispositive power over the securities held by BIP Select I.
  8. Shares are held by Battery Ventures Select Fund I, L.P. ("BV Select I"). Battery Partners Select Fund I, L.P. ("BP Select I") is the general partner of BV Select I. BP Select I GP is the general partner of BP Select I and may be deemed to beneficially own the shares held by BV Select I. BP Select I GP's investment adviser is BMC. The BP Select Managing Members are the managing members of BP Select I GP and may be deemed to share voting and dispositive power over the securities held by BV Select I.
  9. Immediately prior to the closing of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
  10. 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.
  11. Represents (i) 1,371 shares held by BIP XI; (ii) 29,580 shares held by BV XI-A; and (iii) 7,816 shares held by BV XI-B.
  12. Represents (i) 30,732 shares held by BV XI-A SF and (ii) 6,664 shares held by BV XI-B SF.
  13. Represents (i) 9,729 shares held by BIP XI; (ii) 209,921 shares held by BV XI-A; and (iii) 55,466 shares held by BV XI-B.
  14. Represents (i) 218,095 shares held by BV XI-A SF and (ii) 47,292 shares held by BV XI-B SF.
  15. Represents (i) 11,460 shares held by BIP XI; (ii) 247,269 shares held by BV XI-A; and (iii) 65,334 shares held by BV XI-B.
  16. Represents (i) 256,897 shares held by BV XI-A SF and (ii) 55,706 shares held by BV XI-B SF.
  17. Represents (i) 189,264 shares held by BIP XI; (ii) 4,083,488 shares held by BV XI-A; and (iii) 1,078,944 shares held by BV XI-B.
  18. Represents (i) 4,242,496 shares held by BV XI-A SF and (ii) 919,936 shares held by BV XI-B SF.
  19. Represents (i) 27,640 shares held by BIP XI; (ii) 596,400 shares held by BV XI-A; and (iii) 157,584 shares held by BV XI-B.
  20. Represents (i) 619,624 shares held by BV XI-A SF and (ii) 134,360 shares held by BV XI-B SF.
  21. Represents (i) 38,052 shares held by BIP XI; (ii) 821,049 shares held by BV XI-A; and (iii) 216,939 shares held by BV XI-B.
  22. Represents (i) 853,019 shares held by BV XI-A SF and (ii) 184,969 shares held by BV XI-B SF.