Baesler Christian 4
4 · BuzzFeed, Inc. · Filed Mar 8, 2023
Insider Transaction Report
Form 4
BuzzFeed, Inc.BZFD
Baesler Christian
Chief Operating Officer
Transactions
- Tax Payment
Class A Common Stock
2023-03-06−120,170→ 109,327 total - Exercise/Conversion
Class A Common Stock
2023-03-06+229,497→ 229,497 total - Exercise/Conversion
Restricted Stock Units
2023-03-06−229,497→ 459,003 total→ Class A Common Stock (229,497 underlying)
Footnotes (4)
- [F1]These shares of Class A common stock reflect the settlement of restricted stock units ("RSUs") on March 6, 2023. Each RSU is convertible into a share of 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]1/3 of the total award settled on December 4, 2022. The remaining 459,003 RSUs vests ratably as to 1/8 of the total award quarterly in eight equal installments on the fourth of March, June, September, and December thereafter.
- [F4]These RSUs do not expire; they either vest or are cancelled prior to the vesting date.