Form 4 for BZFD BuzzFeed, Inc.
Accepted 2023-03-08 00:00:00 ET · period of report 2023-03-06 · accession 0001828972-23-000014 · 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 | 2023-03-08 | 2023-03-06 | BZFD | Baesler Christian | COO | F - Tax | $0.00 | -120.2K | 109.3K | -52% | $0 |
| D | 2023-03-08 | 2023-03-06 | BZFD | Baesler Christian | COO | M - OptEx | $0.00 | +229.5K | 229.5K | New | $0 |
| D | 2023-03-08 | 2023-03-06 | BZFD | Baesler Christian | COO | M - OptEx | $0.00 | -229.5K | 459.0K | -33% | $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 | 2023-03-06 | F | D | 120,170 | $0.00 | 109,327 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-03-06 | M | A | 229,497 | $0.00 | 229,497 | D | — | — | (F1) These shares of Class A common stock reflect the settlement of restricted stock units ("RSUs") on March 6, 2023. Each RSU is convertible into a share of Issuer's Class A common stock on a 1-for-1 basis. |
| 3 | Derivative | Restricted Stock Units | 2023-03-06 | M | D | 229,497 | $0.00 | 459,003 | D | — · — to — | 229,497 Class A Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock, subject to the Reporting Person's continued status as a service provider to the Issuer. (F3) 1/3 of the total award settled on December 4, 2022. The remaining 459,003 RSUs vests ratably as to 1/8 of the total award quarterly in eight equal installments on the fourth of March, June, September, and December thereafter. (F4) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |