Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BZFD | Class A Common Stock | Options Exercise | $0 | +101K | +886.8% | $0.00 | 112K | May 21, 2024 | Direct | F1, F2 |
transaction | BZFD | Class A Common Stock | Options Exercise | $0 | +656 | +0.59% | $0.00 | 113K | May 21, 2024 | Direct | F1, F2 |
transaction | BZFD | Class A Common Stock | Options Exercise | $0 | +750 | +0.67% | $0.00 | 113K | May 21, 2024 | Direct | F1, F2 |
transaction | BZFD | Class A Common Stock | Tax liability | $0 | -41.1K | -36.27% | $0.00 | 72.2K | May 21, 2024 | Direct | F3 |
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 | -101K | -33.33% | $0.00 | 201K | May 21, 2024 | Class A Common Stock | 101K | Direct | F1, F4, F5, F6 | |
transaction | BZFD | Restricted Stock Units | Options Exercise | $0 | -656 | -33.3% | $0.00 | 1.31K | May 21, 2024 | Class A Common Stock | 656 | Direct | F1, F4, F6, F7 | |
transaction | BZFD | Restricted Stock Units | Options Exercise | $0 | -750 | -40.02% | $0.00 | 1.12K | May 21, 2024 | Class A Common Stock | 750 | Direct | F1, F4, F6, F8 |
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 ("RSUs") 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 21, 2024, of 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 | Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (2) refers. |
F4 | 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. |
F5 | 100,572 RSUs settled on May 21, 2024. The remaining 201,152 RSUs vests as to 1/12th of the total award of 301,724 RSUs quarterly in eight equal installments on the 19th of each August, November, February, and May thereafter. |
F6 | These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
F7 | 656 RSUs settled on May 21, 2024. The remaining 1,314 RSUs vests as to 1/12 of the total award of 3,939 RSUs quarterly in eight equal installments on the 15th of each August, November, February, and May thereafter. |
F8 | 750 RSUs settled on May 21, 2024. The remaining 1,124 RSUs vests as to 1/12 of the total award of 4,497 RSUs quarterly in eight equal installments on the 15th of each August, November, and February thereafter. |