Weinstein Daniel 4
4 · BuzzFeed, Inc. · Filed Nov 19, 2024
Insider Transaction Report
Form 4
BuzzFeed, Inc.BZFD
Weinstein Daniel
Chief Accounting Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-11-15−3,749→ 26,252 total→ Class A Common Stock (3,749 underlying) - Exercise/Conversion
Class A Common Stock
2024-11-15+3,749→ 13,339 total - Tax Payment
Class A Common Stock
2024-11-15−1,352→ 11,987 total
Footnotes (5)
- [F1]These shares of Class A common stock reflect the settlement, on November 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.
- [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 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]3,749 RSUs settled on November 15, 2024. The remaining 26,252 RSU vest as to 1/12 of the total award of 45,000 RSUs quarterly in eight equal installments on the 19th of each February, May, August, and November thereafter.
- [F5]These RSUs do not expire; they either vest or are cancelled prior to the vesting date.