Filing Details
- Accession Number:
- 0001462056-24-000026
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-27 17:51:45
- Reporting Period:
- 2024-02-23
- Accepted Time:
- 2024-02-27 17:51:45
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1462056 | Backblaze Inc. | BLZE | Services-Prepackaged Software (7372) | 208893125 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1978863 | Tina Cessna | 201 Baldwin Ave. San Mateo CA 94401 | Senior Vp, Engineering | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2024-02-23 | 20,000 | $2.54 | 141,083 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-02-23 | 20,000 | $9.90 | 121,083 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2024-02-26 | 20,000 | $2.54 | 141,083 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-02-26 | 20,000 | $9.84 | 121,083 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2024-02-27 | 8,000 | $2.54 | 129,083 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-02-27 | 8,000 | $9.96 | 121,083 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2024-02-27 | 9,560 | $2.61 | 130,643 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-02-27 | 9,560 | $10.20 | 121,083 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2024-02-23 | 20,000 | $0.00 | 20,000 | $2.54 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2024-02-26 | 20,000 | $0.00 | 20,000 | $2.54 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2024-02-27 | 8,000 | $0.00 | 8,000 | $2.54 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2024-02-27 | 9,560 | $0.00 | 9,560 | $2.61 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 28,000 | 2028-10-17 | No | 4 | M | Direct | |
| 8,000 | 2028-10-17 | No | 4 | M | Direct | |
| 0 | 2028-10-17 | No | 4 | M | Direct | |
| 16,000 | 2029-10-27 | No | 4 | M | Direct |
Footnotes
- The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.755 to $10.30, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.69 to $10.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.56 to $10.08, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.03 to $10.73, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- The options are subject to a service-based vesting requirement, which shall be satisfied over a four-year period. 25% of the options vested on June 25, 2019 and 1/48th of the options vest monthly thereafter, subject to the Reporting Person's continuous service with the Issuer.
- The options are subject to a service-based vesting requirement, which shall be satisfied over a four-year period. 25% of the options vested on June 10, 2020 and 1/48th of the options vest monthly thereafter, subject to the Reporting Person's continuous service with the Issuer.
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