Form 4 for BZFD BuzzFeed, Inc.
Accepted 2024-08-16 00:00:00 ET · period of report 2024-08-15 · accession 0001828972-24-000187 · 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 | Arroyo David | CLO | M - OptEx | $0.00 | +704 | 72.6K | +1.0% | $0 |
| D | 2024-08-16 | 2024-08-15 | BZFD | Arroyo David | CLO | F - Tax | $0.00 | -285 | 72.6K | -0.4% | $0 |
| DM | 2024-08-16 | 2024-08-15 | BZFD | Arroyo David | CLO | M - OptEx | $0.00 | -704 | 749 | -48% | $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 | 329 | $0.00 | 72,921 | 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 | M | A | 375 | $0.00 | 72,592 | 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. |
| 3 | Common | Class A Common Stock | 2024-08-15 | F | D | 285 | $0.00 | 72,636 | D | — | — | (F2) Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (1) refers. |
| 4 | Derivative | Restricted Stock Units | 2024-08-15 | M | D | 329 | $0.00 | 985 | D | — · — to — | 329 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) 329 RSUs vested on August 15, 2024. The remaining 985 RSUs vest as to 1/12 of the total award of 3,939 RSUs quarterly in equal installments 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. |
| 5 | Derivative | Restricted Stock Units | 2024-08-15 | M | D | 375 | $0.00 | 749 | D | — · — to — | 375 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) 375 RSUs vested on August 15, 2024. The remaining 749 RSUs vest as to 1/12 of the total award of 4,497 RSUs quarterly in equal installments on the 15th of each November and February thereafter. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |