Form 4 for BMBL Bumble Inc.
Accepted 2023-05-10 00:00:00 ET · period of report 2023-05-08 · accession 0000899243-23-012545 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-10 | 2023-05-10 | BMBL | Bromberg Matthew S | Dir | S - Sale+OE | $17.17 | -12.1K | 0 | -100% | -$207.7K |
| D | 2023-05-10 | 2023-05-08 | BMBL | Bromberg Matthew S | Dir | M - OptEx | — | +12.1K | 12.1K | New | — |
| DM | 2023-05-10 | 2023-05-08 | BMBL | Bromberg Matthew S | Dir | M - OptEx | $4.94 | -12.1K | 34.0K | -26% | -$59.8K |
| D | 2023-05-10 | 2023-05-08 | BMBL | Bromberg Matthew S | Dir | F - Tax | $18.08 | -21.9K | 12.1K | -64% | -$395.4K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-05-10 | S | D | 12,096 | $17.17 | 0 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.1450 to $17.1775 per share, inclusive. The Reporting Person undertakes to provide to Bumble Inc., any security holder of Bumble Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 2 | Common | Class A Common Stock | 2023-05-08 | M | A | 12,096 | — | 12,096 | D | — | — | (F1) Pursuant to the terms of an exchange agreement, dated as of February 10, 2021, common units of Buzz Holdings L.P. ("Common Units") held by the Reporting Person are exchangeable for shares of the Issuer's Class A common stock ("Class A Common Stock") on a one-for-one basis. These exchange rights do not expire. |
| 3 | Derivative | Common Units of Buzz Holdings L.P. | 2023-05-08 | M | D | 12,096 | $0.00 | 0 | D | — · — to — | 12,096 Class A Common Stock | (F1) Pursuant to the terms of an exchange agreement, dated as of February 10, 2021, common units of Buzz Holdings L.P. ("Common Units") held by the Reporting Person are exchangeable for shares of the Issuer's Class A common stock ("Class A Common Stock") on a one-for-one basis. These exchange rights do not expire. |
| 4 | Derivative | Incentive Units of Buzz Holdings L.P. | 2023-05-08 | M | D | 33,966 | $0.00 | 65,938 | D | $11.64 · — to — | 33,966 Class A Common Stock | (F2) Reflects Incentive Units of Buzz Holdings L.P. ("Incentive Units") which are profits interests that are economically similar to stock appreciation rights. Vested Incentive Units are convertible, at the holder's election, into Common Units pursuant to the terms thereof, which then shall be exchangeable for Class A Common Stock on a one-for-one basis. Of the original amount of 99,904 Incentive Units originally reported, 59,943 are time-based Incentive Units, which vest in five equal annual installments beginning on July 1, 2021. The remaining Incentive Units vest in 36 equal monthly installments, with the first installment vesting on August 29, 2022, or earlier if affiliates of Blackstone Inc. receive cash proceeds in respect of their common equity in the Issuer and its subsidiaries as more fully described in the Issuer's Registration Statement on Form S-1 (File No. 333-252124). Any unexercised Incentive Units will automatically be converted into Common Units on February 10, 2028. |
| 5 | Derivative | Common Units of Buzz Holdings L.P. | 2023-05-08 | M | A | 33,966 | $11.64 | 33,966 | D | — · — to — | 33,966 Class A Common Stock | (F1) Pursuant to the terms of an exchange agreement, dated as of February 10, 2021, common units of Buzz Holdings L.P. ("Common Units") held by the Reporting Person are exchangeable for shares of the Issuer's Class A common stock ("Class A Common Stock") on a one-for-one basis. These exchange rights do not expire. |
| 6 | Derivative | Common Units of Buzz Holdings L.P. | 2023-05-08 | F | D | 21,870 | $18.08 | 12,096 | D | — · — to — | 21,870 Class A Common Stock | (F1) Pursuant to the terms of an exchange agreement, dated as of February 10, 2021, common units of Buzz Holdings L.P. ("Common Units") held by the Reporting Person are exchangeable for shares of the Issuer's Class A common stock ("Class A Common Stock") on a one-for-one basis. These exchange rights do not expire. |