Janet L. Rolle - 15 Feb 2022 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Director
Signature
/s/ Samuel Torres, as Attorney-in-Fact for Janet Rolle
Issuer symbol
BZFD
Transactions as of
15 Feb 2022
Net transactions value
$0
Form type
4
Filing time
17 Feb 2022, 16:57:12 UTC
Previous filing
07 Dec 2021
Next filing
24 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Options Exercise $0 +4,462 +15% $0.000000 33,468 15 Feb 2022 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 -4,462 -5.7% $0.000000 73,632 15 Feb 2022 Class A Common Stock 4,462 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit 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 29,006 of the restricted stock units comprising this award vested on December 3, 2021. 1/24 of the total award vests on the transaction date set forth in Table II, above. The remainder of the award vests ratably as to 1/16 of the total award on the 15th of each May, August, November, and February.
F3 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.