Form 4 for BZFD BuzzFeed, Inc.
Accepted 2024-02-20 00:00:00 ET · period of report 2024-02-15 · accession 0001828972-24-000009 · 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 | 2024-02-20 | 2024-02-15 | BZFD | Rolle Janet L | Dir | M - OptEx | $0.00 | +6,693 | 287.1K | +2% | $0 |
| D | 2024-02-20 | 2024-02-15 | BZFD | Rolle Janet L | Dir | M - OptEx | $0.00 | -6,693 | 20.1K | -25% | $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 | 2024-02-15 | M | A | 6,693 | $0.00 | 287,083 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on February 15, 2024, 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. |
| 2 | Derivative | Restricted Stock Units | 2024-02-15 | M | D | 6,693 | $0.00 | 20,082 | D | — · — to — | 6,693 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 February 15, 2024. The remaining 20,082 RSUs vest ratably as to 1/16 of the total award of 107,100 RSUs on the 15th of each May, August, and November thereafter. (F4) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |