Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BZFD | Restricted Stock Units | Award | $0 | +2.84M | $0.00 | 2.84M | Aug 25, 2022 | Class A Common Stock | 2.84M | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("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. |
F2 | 1/3 of the total award vests on August 1, 2023. The remainder vests as to 1/8 of the total award quarterly in eight equal installments on the first of November, February, May, and August thereafter. |
F3 | Not applicable. |