Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BZFD | Class A Common Stock | Options Exercise | $0 | +25.1K | +28.55% | $0.00 | 113K | Mar 5, 2025 | Direct | F1 |
transaction | BZFD | Class A Common Stock | Tax liability | $0 | -11.5K | -10.18% | $0.00 | 102K | Mar 5, 2025 | Direct | 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 | -25.1K | -14.29% | $0.00 | 151K | Mar 5, 2025 | Class A Common Stock | 25.1K | Direct | F3, F4, F5 |
Id | Content |
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F1 | These shares of Class A common stock reflect the settlement, on March 5, 2025, 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 | Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (1) refers. |
F3 | 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. |
F4 | 25,144 RSUs vested on November 19, 2024 and settled on March 5, 2025. The remaining 150,866 RSUs vest as to 1/12th of the total award of 301,724 RSUs quarterly in equal installments on the 19th of May, August, November and February thereafter. |
F5 | Not applicable. |