$ Value
—
Shares
640,000
Price
—
Filed
Nov 12
Insider
Name
Tsao David
Title
Chief Technology Officer
CIK
0002087127
Roles
Transaction Details
Transaction Date
2025-11-07
Code
J
Table
Derivative
Ownership
Direct
Equity Swap
No
Shares After
640,000
Footnotes
Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was automatically reclassified into one share of Class A common stock immediately prior to the completion of the Issuer's initial public offering of Class A common stock (the "Offering"). | Following the reclassification of Common Stock into Class A Common Stock, the shares of Class A common stock were exchanged at a 1:1 ratio for shares of Class B common stock in a transaction previously approved by the Issuer's board of directors. | These shares of Class A common stock were purchased by the Reporting Person through a directed share program in connection with the Offering. | Each share of Class B Common Stock is convertible into one share of Class A common stock at the option of the holder. Class B common stock will convert automatically on a one-for-one basis into shares of the Issuer's Class A common stock upon the earliest of (i) seven years from the date of filing of the amended and restated certificate of incorporation, in connection with the Offering and (ii) the date specified by a vote of the holders of Class B common stock representing a majority of the outstanding shares of Class B common stock. | The options are fully vested and exercisable. | The options are subject to a service-based vesting requirement, which shall be satisfied over a six-year period. The options vest and become exercisable in equal monthly installments commencing on June 11, 2025, subject to the Reporting Person's continuous service with the Issuer through each such vesting date.
Filing Info
Tsao David's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2025-11-07 | BLLN | J | — |
| 2025-11-07 | BLLN | J | — |
| 2025-11-07 | BLLN | J | — |
| 2025-11-07 | BLLN | ▲ | $60K ★ |
| 2025-11-07 | BLLN | J | $0 |
| 2025-11-07 | BLLN | J | — |
| 2025-11-07 | BLLN | J | — |
| 2025-11-07 | BLLN | J | — |
| 2025-11-07 | BLLN | J | — |
Other Insiders at BLLN (90d)
No other insider activity at this issuer in the last 90 days.