Adam Rothstein - Jun 7, 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 7, 2022
Transactions value $
$99,072
Form type
4
Date filed
6/9/2022, 05:00 PM
Previous filing
Jun 8, 2022
Next filing
Jul 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Purchase $23K +10K +6.65% $2.30 160K Jun 7, 2022 Direct F1
transaction BZFD Class A Common Stock Purchase $76.1K +35K +21.83% $2.17 195K Jun 8, 2022 Direct F2
holding BZFD Class A Common Stock 6.95M Jun 7, 2022 By 200 Park AVenue Partners, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 7, 2022, the Reporting Person purchased these shares in multiple trades at prices ranging from $2.29 to $2.31. 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 On June 8, 2022, the Reporting Person purchased these shares in multiple trades at prices ranging from $2.09 to $2.23. 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.
F3 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.