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 | +1M | $0.00 | 1M | Oct 11, 2023 | Class A Common Stock | 1M | 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 | 1/8th of the RSU grant will vest on November 1, 2023 and an additional 1/8th of the total award grant will vest quarterly thereafter until fully vested, in each case subject to continuing employment on the applicable vesting dates. |
F3 | These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |