Adam Rothstein - Jun 6, 2022 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role: Director
Signature: /s/Rhonda Powell, Attorney-in-Fact for Adam Rothstein
Stock symbol: BZFD
Transactions as of: Jun 6, 2022
Transactions value $: $232,960
Form type: 4
Date filed: 6/8/2022, 05:13 PM
Previous filing: Jun 7, 2022
Next filing: Jun 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BZFD	Class A Common Stock	Purchase	$233K	+100K	+198.57%	$2.33	150K	Jun 6, 2022	Direct	F1
holding	BZFD	Class A Common Stock						6.95M	Jun 6, 2022	By 200 Park AVenue Partners, LLC	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On June 6, 2022, the Reporting Person purchased these shares in multiple trades at prices ranging from $2.23 to $2.43. The price reported above in Column 4 reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transactions were effected.
F2	The shares are directly held by 200 Park Avenue Partners, LLC ("Park Avenue"), which was the Issuer's sponsor for the Business Combination. As of the Completion Date and as of the date hereof, the reporting person is not a managing member of Park Avenue. The reporting person disclaims all voting and investment power over the securities held by Park Avenue. Further, the reporting person disclaims beneficial ownership of the securities held by Park Avenue except to the extent of his individual pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934 (as amended, the "Act") or for any other purpose.

Content

On June 6, 2022, the Reporting Person purchased these shares in multiple trades at prices ranging from $2.23 to $2.43. The price reported above in Column 4 reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transactions were effected.

The shares are directly held by 200 Park Avenue Partners, LLC ("Park Avenue"), which was the Issuer's sponsor for the Business Combination. As of the Completion Date and as of the date hereof, the reporting person is not a managing member of Park Avenue. The reporting person disclaims all voting and investment power over the securities held by Park Avenue. Further, the reporting person disclaims beneficial ownership of the securities held by Park Avenue except to the extent of his individual pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934 (as amended, the "Act") or for any other purpose.