Neeraj Agrawal - Jun 27, 2024 Form 4 Insider Report for Braze, Inc. (BRZE)

Role: Director, 10%+ Owner
Signature: /s/ Nathan Jeffries, Attorney-in-Fact
Stock symbol: BRZE
Transactions as of: Jun 27, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/28/2024, 07:18 PM
Previous filing: Jun 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRZE	Class A Common Stock	Award	$0	+4.21K	+8.7%	$0.00	52.6K	Jun 27, 2024	Direct	F1
holding	BRZE	Class A Common Stock						1.33M	Jun 27, 2024	By Battery Ventures XI-A Side Fund, L.P.	F2
holding	BRZE	Class A Common Stock						338K	Jun 27, 2024	By Battery Ventures XI-B, L.P.	F3
holding	BRZE	Class A Common Stock						29.3K	Jun 27, 2024	By Battery Investment Partners Select Fund I, L.P.	F4
holding	BRZE	Class A Common Stock						1.4M	Jun 27, 2024	By Battery Ventures Select Fund I, L.P.	F5
holding	BRZE	Class A Common Stock						288K	Jun 27, 2024	By Battery Ventures XI-B Side Fund, L.P.	F6
holding	BRZE	Class A Common Stock						1.28M	Jun 27, 2024	By Battery Ventures XI-A, L.P.	F7
holding	BRZE	Class A Common Stock						59.2K	Jun 27, 2024	By Battery Investment Partners XI, LLC	F8
holding	BRZE	Class A Common Stock						43K	Jun 27, 2024	By Trust	F9
holding	BRZE	Class A Common Stock						927	Jun 27, 2024	By Trust	F10, F11

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported securities represent a restricted stock unit ("RSU") award and shall vest on the earlier of (i) June 27, 2025, or (ii) the date immediately preceding the date of the Issuer's 2025 annual meeting of stockholders, in each case subject to the Reporting Person's continuous service on such vesting date.
F2	Securities are held by Battery Ventures XI-A Side Fund, L.P. ("BV XI-A SF"). The sole general partner of BV XI-A SF is Battery Partners XI Side Fund, LLC ("BP XI SF"). The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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 or for any other purpose.
F3	Securities are held by Battery Ventures XI-B, L.P. ("BV XI-B"). The sole general partner of BV XI-B is B Battery Partners XI, LLC ("BP XI"). The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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 or for any other purpose.
F4	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"). The Reporting Person is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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 or for any other purpose.
F5	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. The Reporting Person is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over theses securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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 or for any other purpose.
F6	Securities are held by Battery Ventures XI-B Side Fund, L.P. ("BV XI-B SF"). The sole general partner of BV XI-B SF is BP XI SF. The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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 or for any other purpose.
F7	Securities are held by Battery Ventures XI-A, L.P. ("BV XI-A"). The sole general partner of BV XI-A is BP XI. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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 or for any other purpose.
F8	Securities are held by Battery Investment Partners XI, LLC ("BIP XI"). The sole managing member of BIP XI is BP XI. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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 or for any other purpose.
F9	Securities are held by the Neeraj Agrawal Irrevocable GST Trust, of which the Reporting Person's spouse is the trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein.
F10	The securities held by the Reporting Person reported herein reflect the receipt of securities pursuant to pro rata distributions in kind, effected by ICONIQ Strategic Partners III, L.P. to its limited partners, including the Reporting Person, for no additional consideration. The receipt of such securities by the Reporting Person was not required to be reported pursuant to Section 16 by virtue of the exemption from reporting pursuant to Rule 16a-9.
F11	Securities are held by Neeraj Agrawal Revocable Trust of 2012, of which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein.