Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BZFD | Class A Common Stock | Options Exercise | $0 | +6.69K | +3.86% | $0.00 | 180K | May 15, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BZFD | Restricted Stock Units | Options Exercise | $0 | -6.69K | -14.29% | $0.00 | 40.2K | May 15, 2023 | Class A Common Stock | 6.69K | Direct | F2, F3, F4 |
Id | Content |
---|---|
F1 | These shares of Class A common stock reflect the vesting of restricted stock units ("RSUs") on May 15, 2023. Each RSU is convertible into a share of Issuer's Class A common stock on a 1-for-1 basis. |
F2 | 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. |
F3 | 1/16 of the award vested on May 15, 2023. The remaining 40,163 RSUs vests ratably as to 1/16 of the total award on the 15th of each August, November, February, and May thereafter. |
F4 | These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |