Backblaze Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
Backblaze, Inc. (Nasdaq: BLZE), a cloud storage innovator, has announced equity awards granted to new executives, Marc Suidan (Chief Financial Officer) and Jason Wakeam (Chief Revenue Officer), as part of their employment inducement. Suidan received 300,000 RSUs, while Wakeam received 112,740 RSUs, both under the company’s 2024 New Employee Equity Incentive Plan. Vesting begins with 25% on August 20, 2025, followed by quarterly installments over four years, contingent on continued employment.