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

Role
Chief Operating Officer
Signature
/s/ Samuel Torres, Attorney-in-Fact for Christian Baesler
Issuer symbol
BZFD
Transactions as of
22 Feb 2022
Net transactions value
$0
Form type
4
Filing time
24 Feb 2022, 19:15:25 UTC
Previous filing
14 Jan 2022
Next filing
08 Mar 2023
SEC
View on sec.gov

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 +688,500 $0.000000 688,500 22 Feb 2022 Class A Common Stock 688,500 Direct F1, F2, F3
transaction BZFD Restricted Stock Unit Award $0 +215,827 $0.000000 215,827 22 Feb 2022 Class A Common Stock 215,827 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.