Form 4 for BZFD BuzzFeed, Inc.
Accepted 2023-10-13 00:00:00 ET · period of report 2023-10-11 · accession 0001828972-23-000176 · 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 | 2023-10-13 | 2023-10-11 | BZFD | Rothstein Adam | Dir | M - OptEx | $0.00 | +27.8K | 1.74M | +2% | $0 |
| D | 2023-10-13 | 2023-10-11 | BZFD | Rothstein Adam | Dir | M - OptEx | $0.00 | -27.8K | 83.3K | -25% | $0 |
| D | 2023-10-13 | 2023-10-11 | BZFD | Rothstein Adam | Dir | A - Grant | $0.00 | +111.1K | 111.1K | New | $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 | 2023-10-11 | M | A | 27,780 | $0.00 | 1,736,229 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on October 11, 2023, of restricted stock units ("RSUs") granted to the Reporting Person pursuant to the 2021 Equity Incentive Plan, each of which was converted into a share of the Issuer's Class A common stock on a 1-for-1 basis. |
| 2 | Derivative | Restricted Stock Units | 2023-10-11 | M | D | 27,780 | $0.00 | 83,342 | D | — · — to — | 27,780 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) 1/4 of the award vested on the transaction date. The remaining 83,342 RSUs vests ratably as to 1/4 of the total award on the 1st of each December, March and June thereafter. (F4) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 3 | Derivative | Restricted Stock Units | 2023-10-11 | A | A | 111,122 | $0.00 | 111,122 | D | — · — to — | 111,122 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) 1/4 of the award vested on the transaction date. The remaining 83,342 RSUs vests ratably as to 1/4 of the total award on the 1st of each December, March and June thereafter. (F4) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |