Home > Insider Trading > Filing (0001209191-23-024122)

Filing Details

Accession Number:: 0001209191-23-024122
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-04-12 17:31:30
Reporting Period:: 2023-04-10

Accepted Time:: 2023-04-12 17:31:30
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1676238	Braze Inc.	BRZE	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1665599	Battery Ventures Xi-B Side Fund, L.p.	One Marina Park Drive, Suite 1100 Boston MA 02210	No	No	Yes	No
1665600	Battery Ventures Xi-A Side Fund, L.p.	One Marina Park Drive, Suite 1100 Boston MA 02210	No	No	Yes	No
1665601	Battery Ventures Xi-B, L.p.	One Marina Park Drive, Suite 1100 Boston MA 02210	No	No	Yes	No
1665602	Battery Investment Partners Xi, Llc	One Marina Park Drive, Suite 1100 Boston MA 02210	No	No	Yes	No
1665603	Battery Ventures Xi-A, L.p.	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
1869817	Battery Partners Xi Side Fund, Llc	One Marina Park Drive, Suite 1100 Boston MA 02210	No	No	Yes	No
1870316	Battery Partners Xi, Llc	One Marina Park Drive, Suite 1100 Boston MA 02210	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2023-04-10	36,661	$0.00	32,718	No	4	J	Indirect	By Battery Investment Partners XI, LLC
Class A Common Stock	Disposition	2023-04-10	791,000	$0.00	705,927	No	4	J	Indirect	By Battery Ventures XI-A, L.P.
Class A Common Stock	Disposition	2023-04-10	209,000	$0.00	186,521	No	4	J	Indirect	By Battery Ventures XI-B, L.P.
Class A Common Stock	Disposition	2023-04-10	821,801	$0.00	733,415	No	4	J	Indirect	By Battery Ventures XI-A Side Fund, L.P.
Class A Common Stock	Disposition	2023-04-10	178,199	$0.00	159,033	No	4	J	Indirect	By Battery Ventures XI-B Side Fund, L.P.
Class A Common Stock	Acquisiton	2023-04-10	190,675	$0.00	190,675	No	4	J	Indirect	By Battery Partners XI, LLC
Class A Common Stock	Disposition	2023-04-10	190,675	$0.00	0	No	4	J	Indirect	By Battery Partners XI, LLC
Class A Common Stock	Acquisiton	2023-04-10	190,677	$0.00	190,677	No	4	J	Indirect	By Battery Partners XI Side Fund, LLC
Class A Common Stock	Disposition	2023-04-10	190,677	$0.00	0	No	4	J	Indirect	By Battery Partners XI Side Fund, LLC
Class A Common Stock	Disposition	2023-04-11	43,016	$33.26	0	No	4	S	Indirect	By Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	By Battery Investment Partners XI, LLC
No	4	J	Indirect	By Battery Ventures XI-A, L.P.
No	4	J	Indirect	By Battery Ventures XI-B, L.P.
No	4	J	Indirect	By Battery Ventures XI-A Side Fund, L.P.
No	4	J	Indirect	By Battery Ventures XI-B Side Fund, L.P.
No	4	J	Indirect	By Battery Partners XI, LLC
No	4	J	Indirect	By Battery Partners XI, LLC
No	4	J	Indirect	By Battery Partners XI Side Fund, LLC
No	4	J	Indirect	By Battery Partners XI Side Fund, LLC
No	4	S	Indirect	By Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	29,250	Indirect	By Battery Investment Partners Select Fund I, L.P.
Class A Common Stock	1,395,750	Indirect	By Battery Ventures Select Fund I, L.P.

Footnotes

Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Investment Partners XI, LLC ("BIP XI") to its members without additional consideration.
Securities are held by BIP XI. Battery Partners XI, LLC ("BP XI") is the managing member of BIP XI and may be deemed to beneficially own the securities held by BIP XI. Chelsea Stoner is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or her 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.
Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Ventures XI-A, L.P. ("BV XI-A") to its general partner and limited partners without additional consideration.
Securities are held by BV XI-A. BP XI is the general partner of BV XI-A and may be deemed to beneficially own the securities held by BV XI-A. Chelsea Stoner is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or her 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.
Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Ventures XI-B, L.P. ("BV XI-B") to its general partner and limited partners without additional consideration.
Securities are held by BV XI-B. BP XI is the general partner of BV XI-B and may be deemed to beneficially own the securities held by BV XI-B. Chelsea Stoner is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or her 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.
Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Ventures XI-A Side Fund, L.P. ("BV XI-A SF") to its general partner and limited partners without additional consideration.
Securities are held by BV XI-A SF. Battery Partners XI Side Fund, LLC ("BP XI SF") is the general partner of BV XI-A SF and may be deemed to beneficially own the securities held by BV XI-A SF. Chelsea Stoner is a managing member of BP XI SF and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or her 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.
Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Ventures XI-B Side Fund, L.P. ("BV XI-B SF") to its general partner and limited partners without additional consideration.
Securities are held by BV XI-B SF. BP XI SF is the general partner of BV XI-B SF and may be deemed to beneficially own the securities held by BV XI-B SF. Chelsea Stoner is a managing member of BP XI SF and may be deemed to share voting and dispositive power over the securities held by BV XI-B SF. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or her 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.
Represents receipt of securities in the distributions in kind described in footnotes (3) and (5).
Securities are held by BP XI. Chelsea Stoner is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or her 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.
Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by BP XI to its members without consideration.
Represents receipt of securities in the distributions in kind described in footnotes (7) and (9).
Securities are held by BP XI SF. Chelsea Stoner is a managing member of BP XI SF and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or her 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.
Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by BP XI SF to its members without consideration.
The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $33.00 to $33.50 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.
The securities beneficially owned by the Reporting Person prior to the reported transaction reflect the receipt of securities in the distributions in kind described in footnotes (1), (13) and (16).
Securities are held by the Spiller Stoner Family Trust Dated 8/22/13, of which Chelsea R. Stoner is a trustee. Ms. Stoner disclaims beneficial ownership of these securities except to the extent of her proportionate pecuniary interest therein.
Securities are held by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). The sole general partner of BIP Select I is Battery Partners Select Fund I GP, LLC ("BP Select I GP"). Chelsea Stoner is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or her 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.
Securities are held by Battery Ventures Select Fund I, L.P. ("BV Select I"). The sole general partner of BV Select I is Battery Partners Select Fund I, L.P. ("BP Select I"). The general partner of BP Select I is BP Select I GP. Chelsea Stoner is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or her 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.