Tariq M. Shaukat - Feb 10, 2021 Form 4 Insider Report for Bumble Inc. (BMBL)

Role
President
Signature
/s/ Jiah Ham, Attorney-in-Fact
Stock symbol
BMBL
Transactions as of
Feb 10, 2021
Transactions value $
$7,988
Form type
4
Date filed
5/24/2021, 08:33 PM
Next filing
Jul 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMBL Class B Common Stock Award +1 1 Feb 10, 2021 Direct F1
transaction BMBL Class A Common Stock Purchase $7.99K +200 $39.94 200 May 20, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BMBL Common Units of Buzz Holdings L.P. Award $0 +73.3K $0.00 73.3K Feb 10, 2021 Class A Common Stock 73.3K Direct F1, F2
transaction BMBL Incentive Units of Buzz Holdings L.P. Award $0 +1.8M $0.00 1.8M Feb 10, 2021 Class A Common Stock 1.8M $11.64 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities were acquired in connection with the reclassification of the interests of Buzz Holdings L.P. prior to the issuer's initial public offering (as more fully described in the Registration Statement). These securities were previously reported on the Reporting Person's Form 3 filed on February 11, 2020.
F2 Pursuant to the terms of an exchange agreement, dated as of February 10, 2021, common units of Buzz Holdings L.P. ("Common Units") held by the Reporting Person are exchangeable for shares of the issuer's Class A common stock ("Class A Common Stock") on a one-for-one basis. These exchange rights do not expire.
F3 Reflects Incentive Units of Buzz Holdings L.P. ("Incentive Units") which are profits interests that are economically similar to stock appreciation rights. Vested Incentive Units are convertible, at the holder's election, into Common Units pursuant to the terms thereof, which then shall be exchangeable for Class A Common Stock on a one-for-one basis. 1,078,959 of these units are time-based Incentive Units, which vest in five equal annual installments beginning on July 20, 2021. The remaining portion of these Incentive Units vests upon satisfaction of certain vesting events more fully described in the issuer's Registration Statement on Form S-1 (File No. 333-252124). Any unexercised Incentive Units will automatically be converted into Common Units on February 10, 2028.