Form 4 for BZFD BuzzFeed, Inc.
Accepted 2024-06-04 00:00:00 ET · period of report 2024-05-31 · accession 0001828972-24-000153 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2024-06-04 | 2024-05-31 | BZFD | Johnson BF, LLC | Member of 10% Group | S - Sale | $2.85 | -104.0K | 1.09M | -9% | -$296.4K |
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 | 2024-05-31 | S | D | 104,000 | $2.85 | 1,091,195 | I By Johnson BF, LLC | — | — | (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 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) On May 31, 2024, the Reporting Person sold these shares in multiple trades at prices ranging from $2.76 to $2.93. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transactions were effected. (F3) These shares are directly held by Johnson BF, LLC, of which John S. Johnson, III is the sole member. |