Form 4 for BZFD BuzzFeed, Inc.
Accepted 2023-11-08 00:00:00 ET · period of report 2023-11-06 · accession 0001828972-23-000195 · 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 | 2023-11-08 | 2023-11-07 | BZFD | Omer Matthew | CFO | M - OptEx | $0.00 | +7,296 | 66.6K | +12% | $0 |
| D | 2023-11-08 | 2023-11-07 | BZFD | Omer Matthew | CFO | F - Tax | $0.32 | -2,524 | 64.1K | -4% | -$807.68 |
| D | 2023-11-08 | 2023-11-06 | BZFD | Omer Matthew | CFO | A - Grant | $0.00 | +1.88M | 1.88M | New | $0 |
| DM | 2023-11-08 | 2023-11-07 | BZFD | Omer Matthew | CFO | M - OptEx | $0.00 | -7,296 | 18.0K | -29% | $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 | 2023-11-07 | M | A | 1,147 | $0.00 | 60,455 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on November 7, 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 | Common | Class A Common Stock | 2023-11-07 | M | A | 2,998 | $0.00 | 63,453 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on November 7, 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. |
| 3 | Common | Class A Common Stock | 2023-11-07 | F | D | 2,524 | $0.32 | 64,080 | D | — | — | (F2) Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (1) refers. |
| 4 | Common | Class A Common Stock | 2023-11-07 | M | A | 3,151 | $0.00 | 66,604 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on November 7, 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. |
| 5 | Derivative | Restricted Stock Units | 2023-11-06 | A | A | 1,875,000 | $0.00 | 1,875,000 | D | — · — to — | 1,875,000 Class A Common Stock | (F4) 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. (F5) 1/8 of the total award vests on January 1, 2024. The remainder vests ratably as to 1/8 of the total award quarterly on the 1st of each April, July, October and January thereafter. (F6) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 6 | Derivative | Restricted Stock Units | 2023-11-07 | M | D | 3,151 | $0.00 | 22,060 | D | — · — to — | 3,151 Class A Common Stock | (F4) 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. (F9) 3,151 RSUs vested on August 15, 2023 and settled on November 7 2023. The remaining 22,060 RSUs vests ratably as to 1/12 of the total award on the 15th of November, February, May and August thereafter. (F6) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 7 | Derivative | Restricted Stock Units | 2023-11-07 | M | D | 1,147 | $0.00 | 8,033 | D | — · — to — | 1,147 Class A Common Stock | (F4) 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. (F7) 1,147 Restricted Stock Units ("RSUs") vested on August 15, 2023 and settled on November 7, 2023. The remaining 8,033 RSUs vests ratably as to 1/16 of the total award on the 15th of November, February, May and August thereafter. (F6) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 8 | Derivative | Restricted Stock Units | 2023-11-07 | M | D | 2,998 | $0.00 | 17,986 | D | — · — to — | 2,998 Class A Common Stock | (F4) 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. (F8) 2,998 RSUs vested on August 15, 2023 and settled on November 7 2023. The remaining 17,986 RSUs vests ratably as to 1/12 of the total award on the 15th of November, February, May and August thereafter. (F6) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |