Form 4 for BZFD BuzzFeed, Inc.
Accepted 2023-12-05 00:00:00 ET · period of report 2023-12-01 · accession 0001828972-23-000218 · 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 | 2023-12-05 | 2023-12-01+ | BZFD | Rothstein Adam | Dir | M - OptEx | $0.00 | +62.4K | 1.74M | +4% | $0 |
| DM | 2023-12-05 | 2023-12-01+ | BZFD | Rothstein Adam | Dir | M - OptEx | $0.00 | -62.4K | 11.1K | -85% | $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 | 2023-12-03 | M | A | 29,034 | $0.00 | 1,798,584 | D | — | — | (F2) These shares of Class A common stock reflect the settlement, on December 3, 2023, of RSUs granted to the Reporting Person pursuant to the 2021 Equity Incentive Plan, each of which was converted into a share of Issuer's Class A common stock on a 1-for-1 basis. |
| 2 | Common | Class A Common Stock | 2023-12-01 | M | A | 27,781 | $0.00 | 1,769,550 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on December 1, 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 Issuer's Class A common stock on a 1-for-1 basis. |
| 3 | Common | Class A Common Stock | 2023-12-01 | M | A | 5,540 | $0.00 | 1,741,769 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on December 1, 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 Issuer's Class A common stock on a 1-for-1 basis. |
| 4 | Derivative | Restricted Stock Units | 2023-12-01 | M | D | 27,781 | $0.00 | 55,561 | D | — · — to — | 27,781 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) 1/4 of the award vested on December 1, 2023. The remaining 55,561 RSUs vests ratably as to 1/4 of the total award on the 1st of each March and June thereafter. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 5 | Derivative | Restricted Stock Units | 2023-12-03 | M | D | 29,034 | $0.00 | 0 | D | — · — to — | 29,034 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. (F7) The remaining 29,034 RSUs vested on the transaction date. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 6 | Derivative | Restricted Stock Units | 2023-12-01 | M | D | 5,540 | $0.00 | 11,080 | D | — · — to — | 5,540 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) 1/4 of the award vested on the December 1, 2023. The remaining 11,080 RSUs vests ratably as to 1/4 of the total award on the 1st of each March, and June thereafter. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |