Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BZFD | Class A Common Stock | Options Exercise | $0 | +6.69K | +3.2% | $0.00 | 216K | Aug 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 | -16.67% | $0.00 | 33.5K | Aug 15, 2023 | Class A Common Stock | 6.69K | Direct | F2, F3, F4 |
Id | Content |
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F1 | These shares of Class A common stock reflect the settlement, on August 15, 2023, 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 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 August 15, 2023. The remaining 33,469 RSUs vests ratably as to 1/16 of the total award on the 15th of each November, February, May, and August thereafter. |
F4 | These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |