Form 4 for BZFD BuzzFeed, Inc.
Accepted 2022-08-22 00:00:00 ET · period of report 2022-06-23 · accession 0001104659-22-093437 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-08-22 | 2022-06-23 | BZFD | Johnson John S. III | Member of 10% Group | C - Cnv Deriv | — | +5.55M | 5.55M | New | — |
| D | 2022-08-22 | 2022-06-23 | BZFD | Johnson John S. III | Member of 10% Group | C - Cnv Deriv | — | +31.5K | 31.5K | New | — |
| D | 2022-08-22 | 2022-06-23 | BZFD | Johnson John S. III | Member of 10% Group | C - Cnv Deriv | $0.00 | -31.5K | 0 | -100% | $0 |
| DI | 2022-08-22 | 2022-06-23 | BZFD | Johnson John S. III | Member of 10% Group | C - Cnv Deriv | $0.00 | -5.55M | 0 | -100% | $0 |
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 | 2022-06-23 | C | A | 5,550,953 | — | 5,550,953 | I | — | — | (F1) Each share of Class B Common Stock was converted into one share of Class A Common Stock of the issuer for no additional consideration at the option of the Reporting Person. |
| 2 | Common | Class A Common Stock | 2022-06-23 | C | A | 31,461 | — | 31,461 | D By Johnson BF, LLC | — | — | (F1) Each share of Class B Common Stock was converted into one share of Class A Common Stock of the issuer for no additional consideration at the option of the Reporting Person. (F2) These shares are directly held by Johnson BF, LLC, of which John S. Johnson, III is the sole member. |
| 3 | Derivative | Class B Common Stock | 2022-06-23 | C | D | 31,461 | $0.00 | 0 | D By Johnson BF, LLC | — · — to — | 31,461 Class A Common Stock | (F2) These shares are directly held by Johnson BF, LLC, of which John S. Johnson, III is the sole member. (F1) Each share of Class B Common Stock was converted into one share of Class A Common Stock of the issuer for no additional consideration at the option of the Reporting Person. (F3) Each share of Class B Common Stock is convertible into one share of Class A Common Stock of the issuer at the election of the Reporting Person at any time; provided; however, that each share of Class B Common Stock shall automatically be converted into Class A Common Stock on a one for one basis on the earlier of: (i) the date of death of Jonah Peretti or (ii) the date specified by the affirmative vote of the holders of a majority of the Class B Common Stock then outstanding. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value (subject to certain exceptions). |
| 4 | Derivative | Class B Common Stock | 2022-06-23 | C | D | 5,550,953 | $0.00 | 0 | I | — · — to — | 5,550,953 Class A Common Stock | (F1) Each share of Class B Common Stock was converted into one share of Class A Common Stock of the issuer for no additional consideration at the option of the Reporting Person. (F3) Each share of Class B Common Stock is convertible into one share of Class A Common Stock of the issuer at the election of the Reporting Person at any time; provided; however, that each share of Class B Common Stock shall automatically be converted into Class A Common Stock on a one for one basis on the earlier of: (i) the date of death of Jonah Peretti or (ii) the date specified by the affirmative vote of the holders of a majority of the Class B Common Stock then outstanding. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value (subject to certain exceptions). |