0001462056-24-000020.txt : 20240221
0001462056-24-000020.hdr.sgml : 20240221
20240221200046
ACCESSION NUMBER: 0001462056-24-000020
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240216
FILED AS OF DATE: 20240221
DATE AS OF CHANGE: 20240221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Patchel Francis P
CENTRAL INDEX KEY: 0001858921
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41026
FILM NUMBER: 24661873
MAIL ADDRESS:
STREET 1: 500 BEN FRANKLIN CT
CITY: SAN MATEO
STATE: CA
ZIP: 94401
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Backblaze, Inc.
CENTRAL INDEX KEY: 0001462056
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 208893125
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 201 BALDWIN AVENUE
CITY: SAN MATEO
STATE: CA
ZIP: 94401
BUSINESS PHONE: 650.352.3738
MAIL ADDRESS:
STREET 1: 201 BALDWIN AVENUE
CITY: SAN MATEO
STATE: CA
ZIP: 94401
4
1
wk-form4_1708563574.xml
FORM 4
X0508
4
2024-02-16
0
0001462056
Backblaze, Inc.
BLZE
0001858921
Patchel Francis P
201 BALDWIN AVE.
SAN MATEO
CA
94401
0
1
0
0
Chief Financial Officer
0
Class A Common Stock
2024-02-16
4
A
0
5936
11.83
A
189072
D
Class A Common Stock
2024-02-20
4
S
0
753
11.50
D
188319
D
Class A Common Stock
2024-02-21
4
S
0
1758
11.47
D
186561
D
The Reporting Person was granted restricted stock units ("RSUs"), which represent a right to receive one share of Class A Common Stock for each RSU. The RSUs are fully vested.
The shares were sold to cover tax withholding obligations in connection with the vesting of RSUs. These sales are mandated by the Issuer's election under its bonus plan to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.01 to $11.79, 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 $11.27 to $11.68, 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.
/s/ Thomas MacMitchell - Attorney-in-Fact
2024-02-21