Form 4 for BZFD BuzzFeed, Inc.
Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-08 · accession 0001828972-24-000029 · 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 | 2024-03-12 | 2024-03-08 | BZFD | Arroyo David | CLO | F - Tax | $0.32 | -1,298 | 45.4K | -3% | -$415.36 |
| DM | 2024-03-12 | 2024-03-08 | BZFD | Arroyo David | CLO | M - OptEx | $0.00 | +2,812 | 45.3K | +7% | $0 |
| DM | 2024-03-12 | 2024-03-08 | BZFD | Arroyo David | CLO | M - OptEx | $0.00 | -2,812 | 7,495 | -27% | $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 | 2024-03-08 | F | D | 1,298 | $0.32 | 45,361 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2024-03-08 | M | A | 1,313 | $0.00 | 46,659 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on March 8, 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 the Issuer's Class A common stock on a 1-for-1 basis. |
| 3 | Common | Class A Common Stock | 2024-03-08 | M | A | 1,499 | $0.00 | 45,346 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on March 8, 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 the Issuer's Class A common stock on a 1-for-1 basis. |
| 4 | Derivative | Restricted Stock Units | 2024-03-08 | M | D | 1,313 | $0.00 | 7,879 | D | — · — to — | 1,313 Class A Common Stock | (F3) Each restricted stock unit ("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) 1,313 RSUs vested on November 15, 2023 and settled on March 8, 2024. The remaining 7,879 RSUs vests as to 1/8 of the total award quarterly in eight equal installments on the 15nd of February, May, August, and November thereafter. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 5 | Derivative | Restricted Stock Units | 2024-03-08 | M | D | 1,499 | $0.00 | 7,495 | D | — · — to — | 1,499 Class A Common Stock | (F3) Each restricted stock unit ("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) 1,499 RSUs vested on November 15, 2024 and settled on March 8, 2024. The remaining 7,495 RSUs vests as to 1/8 of the total award quarterly in eight equal installments on the 15nd of February, May, August, and November thereafter. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |