Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BZFD | Class A Common Stock | Options Exercise | $0 | +29K | +13.46% | $0.00 | 245K | Sep 3, 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 | -29K | -50% | $0.00 | 29K | Sep 3, 2023 | Class A Common Stock | 29K | Direct | F2, F3, F4 |
Id | Content |
---|---|
F1 | These shares of Class A common stock reflect the settlement, on September 3, 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 the 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 | 1/4 of the award vested on the transaction date. The remaining 29,034 RSUs vest on December 3, 2023. |
F4 | These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |