Martin Marcela K. - 25 Aug 2022 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
President
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for Marcela Martin
Issuer symbol
BZFD
Transactions as of
25 Aug 2022
Net transactions value
$0
Form type
4
Filing time
13 Sep 2022, 18:00:13 UTC
Previous filing
10 Aug 2022
Next filing
19 Oct 2022
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 +2,840,909 $0.000000 2,840,909 25 Aug 2022 Class A Common Stock 2,840,909 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 1/3 of the total award vests on August 1, 2023. The remainder vests as to 1/8 of the total award quarterly in eight equal installments on the first of November, February, May, and August thereafter.
F3 Not applicable.