Form 4 for BZFD BuzzFeed, Inc.
Accepted 2024-05-23 00:00:00 ET · period of report 2024-05-21 · accession 0001828972-24-000139 · 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 | 2024-05-23 | 2024-05-21 | BZFD | Omer Matthew | CFO | F - Tax | $0.00 | -45.5K | 99.1K | -31% | $0 |
| DM | 2024-05-23 | 2024-05-21 | BZFD | Omer Matthew | CFO | M - OptEx | $0.00 | +127.5K | 141.5K | +909% | $0 |
| DM | 2024-05-23 | 2024-05-21 | BZFD | Omer Matthew | CFO | M - OptEx | $0.00 | -127.5K | 2,249 | -98% | $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 | 2024-05-21 | F | D | 45,499 | $0.00 | 99,100 | D | — | — | (F1) On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split. (F3) Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (2) refers. |
| 2 | Common | Class A Common Stock | 2024-05-21 | M | A | 1,576 | $0.00 | 144,599 | D | — | — | (F1) On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split. (F2) These shares of Class A common stock reflect the settlement, on May 21, 2024, of 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 | 2024-05-21 | M | A | 1,499 | $0.00 | 143,023 | D | — | — | (F1) On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split. (F2) These shares of Class A common stock reflect the settlement, on May 21, 2024, of 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 | Common | Class A Common Stock | 2024-05-21 | M | A | 117,188 | $0.00 | 140,950 | D | — | — | (F1) On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split. (F2) These shares of Class A common stock reflect the settlement, on May 21, 2024, of 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 | Common | Class A Common Stock | 2024-05-21 | M | A | 6,666 | $0.00 | 23,762 | D | — | — | (F1) On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split. (F2) These shares of Class A common stock reflect the settlement, on May 21, 2024, of 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. |
| 6 | Common | Class A Common Stock | 2024-05-21 | M | A | 574 | $0.00 | 141,524 | D | — | — | (F1) On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split. (F2) These shares of Class A common stock reflect the settlement, on May 21, 2024, of 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. |
| 7 | Derivative | Restricted Stock Units | 2024-05-21 | M | D | 6,666 | $0.00 | 13,334 | D | — · — to — | 6,666 Class A Common Stock | (F1) On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split. (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) 6,666 RSUs vested on May 19, 2024. The remaining 13,334 RSUs vests as to 1/12 of the total award of 20,000 RSUs quarterly in eight equal installments on the 19th of each August, November, February, and May thereafter. (F6) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 8 | Derivative | Restricted Stock Units | 2024-05-21 | M | D | 117,188 | $0.00 | 351,562 | D | — · — to — | 117,188 Class A Common Stock | (F1) On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split. (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) 58,594 RSUs vested on each January 1, 2024 and April 1, 2024. The remaining 351,562 RSUs vest ratably as to 1/8 of the total award of 468,750 RSUs quarterly on the 1st of each July, October, January, and April thereafter. (F6) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 9 | Derivative | Restricted Stock Units | 2024-05-21 | M | D | 574 | $0.00 | 1,148 | D | — · — to — | 574 Class A Common Stock | (F1) On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split. (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) 287 RSUs vested on each February 15, 2024 and May 15, 2024. The remaining 1,148 RSUs vest 1/16 of the total award of 4,592 RSUs on the 15th of each August, November, February, and May thereafter. (F6) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 10 | Derivative | Restricted Stock Units | 2024-05-21 | M | D | 1,576 | $0.00 | 3,152 | D | — · — to — | 1,576 Class A Common Stock | (F1) On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split. (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. (F10) 788 RSUs vested on each February 15, 2024 and May 15, 2024. The remaining 3,152 RSUs vest 1/12 of the total award of 9,454 RSUs on the 15th of each August, November, February, and May thereafter. (F6) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 11 | Derivative | Restricted Stock Units | 2024-05-21 | M | D | 1,499 | $0.00 | 2,249 | D | — · — to — | 1,499 Class A Common Stock | (F1) On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split. (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) 750 RSUs vested on February 15, 2024 and 749 RSUs vested on May 15, 2024. The remaining 2,249 RSUs vest 1/12 of the total award of 8,993 RSUs on the 15th of August, November, and February thereafter. (F6) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |