Whitney Wolfe Herd - 08 Mar 2023 Form 4 Insider Report for Bumble Inc. (BMBL)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Whitney Wolfe Herd
Issuer symbol
BMBL
Transactions as of
08 Mar 2023
Net transactions value
-$44,346,000
Form type
4
Filing time
08 Mar 2023, 15:37:02 UTC
Next filing
16 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMBL Class A Common Stock Conversion of derivative security +2,000,000 2,000,000 08 Mar 2023 See footnote F1, F3
transaction BMBL Class A Common Stock Sale $44,346,000 -2,000,000 -100% $22.17 0 08 Mar 2023 See footnote F2, F3
holding BMBL Class A Common Stock 465,116 08 Mar 2023 See footnote F4
holding BMBL Class A Common Stock 23,255 08 Mar 2023 See footnote F5

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. Conversion of derivative security $0 -2,000,000 -8.3% $0.000000 22,230,911 08 Mar 2023 Class A Common Stock 2,000,000 See footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of an exchange agreement, dated as of February 10, 2021, common units of Buzz Holdings L.P. held by the Reporting Persons are exchangeable for shares of the Issuer's Class A common stock on a one-for-one basis. These exchange rights do not expire.
F2 This amount represents the $22.80 secondary public offering price per share of Class A common stock of the Issuer, less the underwriting discount of $0.627 per share.
F3 These securities are held directly by Beehive Holdings III, LP. The general partner of Beehive Holdings III, LP is Beehive Holdings Management III, LLC. The Reporting Person is the sole member of Beehive Holdings Management III, LLC.
F4 These securities are held by the Reporting Person's spouse.
F5 These securities are held by a trust of which the Reporting Person's spouse is the trustee.