Janet Rolle - Nov 15, 2022 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Director
Signature
/s/Rhonda Powell as Attorney-in-fact for Janet Rolle
Stock symbol
BZFD
Transactions as of
Nov 15, 2022
Transactions value $
$0
Form type
4
Date filed
11/17/2022, 05:00 PM
Previous filing
Sep 6, 2022
Next filing
Dec 6, 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 +6.69K +6.1% $0.00 116K Nov 15, 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 -6.69K -10.35% $0.00 58K Nov 15, 2022 Class A Common Stock 6.69K 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 1/16 of the award vested on November 15, 2022. The remainder of the award vests ratably as to 1/16 of the total award on the 15th of each February, May, August, and November thereafter.
F3 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.