BuzzFeed, Inc. (BZFD) awards 156,250 RSUs to board director Terence Hill
Rhea-AI Filing Summary
Hill Terence reported acquisition or exercise transactions in this Form 4 filing.
BuzzFeed, Inc. granted director Terence Hill 156,250 Restricted Stock Units tied to Class A common stock. Each RSU represents a contingent right to one share, subject to his continued service. The award vests in four equal installments on the 26th of August, November, February and May, and will either vest or be cancelled before those dates.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 156,250 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. The RSU grant vests ratably as to 1/4 of the total award on the 26th of each August, November, February and May thereafter.
- F3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
Key Terms
Restricted Stock Units financial
Class A common stock financial
vests ratably financial
service provider financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did BuzzFeed (BZFD) report for Terence Hill?
BuzzFeed reported that director Terence Hill received a grant of 156,250 Restricted Stock Units linked to Class A common stock. The RSUs are a form of equity compensation that may settle in shares if specified vesting and service conditions are satisfied over time.
How many RSUs did BuzzFeed (BZFD) grant to director Terence Hill?
BuzzFeed granted Terence Hill 156,250 Restricted Stock Units. Following the grant, his reported holdings in these RSUs total 156,250 units, each representing a contingent right to receive one share of the company’s Class A common stock if vesting conditions are met.
What is the vesting schedule of Terence Hill’s BuzzFeed (BZFD) RSUs?
The RSU grant to Terence Hill vests ratably as to one‑quarter of the total award on the 26th of each August, November, February and May. Vesting is contingent on his continued status as a service provider to BuzzFeed on each applicable vesting date.
What does each RSU granted to Terence Hill by BuzzFeed (BZFD) represent?
Each RSU granted to Terence Hill represents a contingent right to receive one share of BuzzFeed’s Class A common stock. Settlement in shares occurs only if the vesting schedule is satisfied and he continues as a service provider through the applicable vesting dates.
Do Terence Hill’s BuzzFeed (BZFD) RSUs have an expiration date?
The RSUs awarded to Terence Hill do not have a traditional expiration date. Instead, they will either vest on the scheduled vesting dates or be cancelled prior to those dates if the applicable vesting and continued service conditions are not satisfied.