Form 4 for BZFD BuzzFeed, Inc.
Accepted 2023-05-17 00:00:00 ET · period of report 2023-05-15 · accession 0001828972-23-000094 · 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 | 2023-05-17 | 2023-05-15 | BZFD | Rolle Janet L | Dir | M - OptEx | $0.00 | +6,694 | 179.9K | +4% | $0 |
| D | 2023-05-17 | 2023-05-15 | BZFD | Rolle Janet L | Dir | M - OptEx | $0.00 | -6,694 | 40.2K | -14% | $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 | 2023-05-15 | M | A | 6,694 | $0.00 | 179,902 | D | — | — | (F1) These shares of Class A common stock reflect the vesting of restricted stock units ("RSUs") on May 15, 2023. Each RSU is convertible into a share of Issuer's Class A common stock on a 1-for-1 basis. |
| 2 | Derivative | Restricted Stock Units | 2023-05-15 | M | D | 6,694 | $0.00 | 40,163 | D | — · — to — | 6,694 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) 1/16 of the award vested on May 15, 2023. The remaining 40,163 RSUs vests ratably as to 1/16 of the total award on the 15th of each August, November, February, and May thereafter. (F4) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |