| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BZFD | Class A Common Stock | Options Exercise | $0 | +1.67K | +1.84% | $0.00 | 92.7K | May 15, 2024 | Direct | F1, F2 |
| 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 | -1.67K | -33.33% | $0.00 | 3.35K | May 15, 2024 | Class A Common Stock | 1.67K | Direct | F1, F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split. |
| F2 | These shares of Class A common stock reflect the settlement, on May 15, 2024, 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. |
| F3 | 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. |
| F4 | 1/16 of the award vested on May 15, 2024. The remaining 3,348 RSUs vest ratably as to 1/16 of the total award of 26,782 RSUs on the 15th of each August and November thereafter. |
| F5 | These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |