Filing Details

Accession Number:
0000899243-23-012545
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-05-10 19:39:20
Reporting Period:
2023-05-08
Accepted Time:
2023-05-10 19:39:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1830043 Bumble Inc. BMBL () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1680979 S Matthew Bromberg C/O Bumble Inc.
1105 West 41St Street
Austin TX 78756
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2023-05-08 12,096 $0.00 12,096 No 4 M Direct
Class A Common Stock Disposition 2023-05-10 12,096 $17.17 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Incentive Units of Buzz Holdings L.P. Disposition 2023-05-08 33,966 $0.00 33,966 $11.64
Class A Common Stock Common Units of Buzz Holdings L.P. Acquisiton 2023-05-08 33,966 $11.64 33,966 $0.00
Class A Common Stock Common Units of Buzz Holdings L.P. Disposition 2023-05-08 21,870 $18.08 21,870 $0.00
Class A Common Stock Common Units of Buzz Holdings L.P. Disposition 2023-05-08 12,096 $0.00 12,096 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
65,938 No 4 M Direct
33,966 No 4 M Direct
12,096 No 4 F Direct
0 No 4 M Direct
Footnotes
  1. Pursuant to the terms of an exchange agreement, dated as of February 10, 2021, common units of Buzz Holdings L.P. ("Common Units") held by the Reporting Person are exchangeable for shares of the Issuer's Class A common stock ("Class A Common Stock") on a one-for-one basis. These exchange rights do not expire.
  2. Reflects Incentive Units of Buzz Holdings L.P. ("Incentive Units") which are profits interests that are economically similar to stock appreciation rights. Vested Incentive Units are convertible, at the holder's election, into Common Units pursuant to the terms thereof, which then shall be exchangeable for Class A Common Stock on a one-for-one basis. Of the original amount of 99,904 Incentive Units originally reported, 59,943 are time-based Incentive Units, which vest in five equal annual installments beginning on July 1, 2021. The remaining Incentive Units vest in 36 equal monthly installments, with the first installment vesting on August 29, 2022, or earlier if affiliates of Blackstone Inc. receive cash proceeds in respect of their common equity in the Issuer and its subsidiaries as more fully described in the Issuer's Registration Statement on Form S-1 (File No. 333-252124). Any unexercised Incentive Units will automatically be converted into Common Units on February 10, 2028.
  3. Reflects Common Units deemed to be withheld in connection with the exchange of Incentive Units described herein.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.1450 to $17.1775 per share, inclusive. The Reporting Person undertakes to provide to Bumble Inc., any security holder of Bumble Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.