Christian Baesler - Feb 22, 2022 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Signature
/s/ Samuel Torres, Attorney-in-Fact for Christian Baesler
Stock symbol
BZFD
Transactions as of
Feb 22, 2022
Transactions value $
$0
Form type
4
Date filed
2/24/2022, 07:15 PM
Previous filing
Jan 14, 2022
Next filing
Mar 8, 2023

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 Award $0 +689K $0.00 689K Feb 22, 2022 Class A Common Stock 689K Direct F1, F2, F3
transaction BZFD Restricted Stock Unit Award $0 +216K $0.00 216K Feb 22, 2022 Class A Common Stock 216K Direct F1, 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 1/3 of the total award vests on December 4, 2022. The remainder vests as to 1/8 of the total award quarterly in eight equal installments on the fourth of March, June, September, and December thereafter.
F3 Not applicable.
F4 1/3 of the total award vests on February 15, 2023. The remainder vests as to 1/8 of the total award quarterly in eight equal installments on the fifteenth of May, August, November, and February thereafter.