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Insider Trading Arrangements | 3 Months Ended
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Mar. 31, 2024 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | Rule 10b5-1 Trading Plans Our officers and directors from time to time may adopt trading plans to transact in Bumble Inc. securities for reasons such as satisfying vesting-related income tax requirements, investment diversification, or other personal reasons. During the three months ended March 31, 2024, certain of our officers and directors adopted a pre-arranged stock trading plan intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended (each such plan, a “Rule 10b5-1 Plan”), as described below. Beehive Holdings III, LP, an entity controlled by Whitney Wolfe Herd, our Executive Chair, adopted a Rule 10b5-1 Plan on March 6, 2024. The plan provides for the potential exchange of up to 1,100,000 Common Units for an equivalent number of shares of Class A common stock pursuant and subject to the terms of the exchange agreement, dated as of February 10, 2021, by and among Bumble Inc., Buzz Holdings L.P. and holders of Common Units from time to time party thereto, and the associated sale of up to 1,100,000 shares of Class A common stock at certain specified limit prices. Sissie Hsiao, a member of our Board of Director s, adopted a Rule 10b5-1 Plan on March 7, 2024. Ms. Hsiao’s plan provides for the sale of 8,203 shares of Class A common stock to be received from the vesting of restricted stock units (“RSUs”). The plan is intended to sell shares of Class A common stock to cover the income tax obligations related to the vesting of the RSUs. Ann Mather, our Lead Director, adopted a Rule 10b5-1 Plan on March 8, 2024. Ms. Mather’s plan provides for the sale of 7,492 shares of Class A common stock to be received from the vesting of RSUs (the intent of such sale being to cover the income tax obligations related to the vesting of the RSUs) and the potential sale of an additional 7,491 shares of Class A common stock which is subject to a specified limit price. Mses. Wolfe Herd’s, Hsiao’s and Mather’s plans will expire on October 23, 2024, October 4, 2024 and September 8, 2024, respectively, or upon the earlier completion of all authorized transactions under the plan or if the trading arrangement is otherwise terminated according to its terms. Each of the Rule 10b5-1 Plans described above was adopted in accordance with our Securities Trading Policy.
Whitney Wolfe Herd |
Trading Arrangements, by Individual |
Name | Whitney Wolfe Herd
Title | Executive Chair
Rule 10b5-1 Arrangement Adopted | false
Adoption Date | March 6, 2024
Termination Date | October 23, 2024
Aggregate Available | 1,100,000
Sissie Hsiao |
Trading Arrangements, by Individual |
Name | Sissie Hsiao
Title | Board of Director
Rule 10b5-1 Arrangement Adopted | false
Adoption Date | March 7, 2024
Termination Date | October 4, 2024
Aggregate Available | 8,203
Ann Mather |
Trading Arrangements, by Individual |
Name | Ann Mather
Title | Lead Director
Rule 10b5-1 Arrangement Adopted | false
Adoption Date | March 8, 2024
Termination Date | September 8, 2024
Aggregate Available | 7,492

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