Form 4 for BZFD BuzzFeed, Inc.
Accepted 2023-05-16 00:00:00 ET · period of report 2023-05-12 · accession 0001828972-23-000090 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-05-16 | 2023-05-12 | BZFD | Arroyo David | CLO | M - OptEx | $0.00 | +13.5K | 43.6K | +45% | $0 |
| DM | 2023-05-16 | 2023-05-12 | BZFD | Arroyo David | CLO | F - Tax | $0.54 | -5,424 | 38.1K | -12% | -$2,929 |
| DM | 2023-05-16 | 2023-05-12 | BZFD | Arroyo David | CLO | M - OptEx | $0.00 | -13.5K | 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 | 2023-05-12 | M | A | 7,459 | $0.00 | 37,576 | D | — | — | (F1) These shares of Class A common stock reflect the settlement of restricted stock units ("RSUs") on May 12, 2023. Each RSU is convertible into a share of Issuer's Class A common stock on a 1-for-1 basis. |
| 2 | Common | Class A Common Stock | 2023-05-12 | M | A | 5,994 | $0.00 | 43,570 | D | — | — | (F1) These shares of Class A common stock reflect the settlement of restricted stock units ("RSUs") on May 12, 2023. Each RSU is convertible into a share of Issuer's Class A common stock on a 1-for-1 basis. |
| 3 | Common | Class A Common Stock | 2023-05-12 | F | D | 3,007 | $0.54 | 40,563 | D | — | — | (F2) Shares withheld to pay taxes applicable to the settlement of RSUs previously awarded pursuant to the 2021 Equity Incentive Plan. |
| 4 | Common | Class A Common Stock | 2023-05-12 | F | D | 2,417 | $0.54 | 38,146 | D | — | — | (F2) Shares withheld to pay taxes applicable to the settlement of RSUs previously awarded pursuant to the 2021 Equity Incentive Plan. |
| 5 | Derivative | Restricted Stock Units | 2023-05-12 | M | D | 5,994 | $0.00 | 11,991 | D | — · — to — | 5,994 Class A Common Stock | (F3) 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. (F6) 1/8 of the total award vested on the transaction date. The remaining 11,991 RSUs vests as to 1/8 of the total award quarterly in eight equal installments on the 15th of August and November thereafter. The vesting schedule reported here was incorrectly reported previously and has been corrected to reflect the correct vesting schedule. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 6 | Derivative | Restricted Stock Units | 2023-05-12 | M | D | 7,459 | $0.00 | 0 | D | — · — to — | 7,459 Class A Common Stock | (F3) 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. (F4) This award is fully vested. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |