Angela Acharia - 03 Sep 2022 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Director
Signature
/s/ Rhonda Powell, Attorney-in-Fact For Angela Acharia
Issuer symbol
BZFD
Transactions as of
03 Sep 2022
Net transactions value
$0
Form type
4
Filing time
06 Sep 2022, 18:08:10 UTC
Previous filing
07 Jun 2022
Next filing
06 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Options Exercise $0 +20,983 +50% $0.000000 62,949 03 Sep 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 -20,983 -50% $0.000000 20,983 03 Sep 2022 Class A Common Stock 20,983 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 ("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 25% of the award vested on September 3, 2022. The remainder of the award vests on the third of December 2022.
F3 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.