Form 4 for BZFD BuzzFeed, Inc.
Accepted 2024-08-16 00:00:00 ET · period of report 2024-08-15 · accession 0001828972-24-000185 · 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 | 2024-08-16 | 2024-08-15 | BZFD | Omer Matthew | CFO | M - OptEx | $0.00 | +60.4K | 159.5K | +61% | $0 |
| D | 2024-08-16 | 2024-08-15 | BZFD | Omer Matthew | CFO | F - Tax | $0.00 | -21.6K | 138.0K | -14% | $0 |
| DM | 2024-08-16 | 2024-08-15 | BZFD | Omer Matthew | CFO | M - OptEx | $0.00 | -60.4K | 861 | -99% | $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 | 2024-08-15 | M | A | 749 | $0.00 | 100,136 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on August 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 the Issuer's Class A common stock on a 1-for-1 basis. |
| 2 | Common | Class A Common Stock | 2024-08-15 | F | D | 21,560 | $0.00 | 137,958 | D | — | — | (F2) Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (2) refers. |
| 3 | Common | Class A Common Stock | 2024-08-15 | M | A | 788 | $0.00 | 100,924 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on August 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 the Issuer's Class A common stock on a 1-for-1 basis. |
| 4 | Common | Class A Common Stock | 2024-08-15 | M | A | 287 | $0.00 | 99,387 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on August 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 the Issuer's Class A common stock on a 1-for-1 basis. |
| 5 | Common | Class A Common Stock | 2024-08-15 | M | A | 58,594 | $0.00 | 159,518 | D | — | — | (F1) These shares of Class A common stock reflect the settlement, on August 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 the Issuer's Class A common stock on a 1-for-1 basis. |
| 6 | Derivative | Restricted Stock Units | 2024-08-15 | M | D | 58,594 | $0.00 | 292,968 | D | — · — to — | 58,594 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. (F8) 58,594 RSUs settled on August 15, 2024. The remaining 292,968 RSUs vest ratably as to 1/8 of the total award of 468,750 quarterly on the 1st of each October, January, April, and July thereafter. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 7 | Derivative | Restricted Stock Units | 2024-08-15 | M | D | 788 | $0.00 | 2,364 | D | — · — to — | 788 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) 788 RSUs vested on August 15, 2024. The remaining 2,364 RSUs vest 1/12 of the total award of 9,454 RSUs on the 15th of each November, February, and May thereafter. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 8 | Derivative | Restricted Stock Units | 2024-08-15 | M | D | 749 | $0.00 | 1,500 | D | — · — to — | 749 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) 749 RSUs vested on August 15, 2024. The remaining 1,500 RSUs vest 1/12 of the total award of 8,993 RSUs on the 15th of November and February thereafter. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
| 9 | Derivative | Restricted Stock Units | 2024-08-15 | M | D | 287 | $0.00 | 861 | D | — · — to — | 287 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) 287 RSUs vested on August 15, 2024. The remaining 861 RSUs vest 1/16 of the total award of 4,592 RSUs on the 15th of each February and May thereafter. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |