Janet Rolle - Feb 15, 2023 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Director
Signature
/s/ Felicia DellaFortuna as Attorney-in-fact for Janet Rolle
Stock symbol
BZFD
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
4
Date filed
2/21/2023, 04:01 PM
Previous filing
Dec 6, 2022
Next filing
Apr 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Options Exercise $0 +6.69K +4.87% $0.00 144K Feb 15, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BZFD Restricted Stock Units Options Exercise $0 -6.69K -12.5% $0.00 46.9K Feb 15, 2023 Class A Common Stock 6.69K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 1/16 of the award vested on February 15, 2023. The remaining 46,857 RSUs vest ratably as to 1/16 of the total award on the 15th of each May, August, November, and February thereafter.
F3 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
F4 The holdings reported here were incorrectly reported previously and have been corrected to reflect the total number of derivative securities beneficially owned.