Phuong Dao Nguyen - Nov 21, 2022 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Publisher
Signature
/s/Rhonda Powell, as Attorney-in-Fact for Phuong Dao Nguyen
Stock symbol
BZFD
Transactions as of
Nov 21, 2022
Transactions value $
-$3,704
Form type
4
Date filed
11/23/2022, 04:00 PM
Previous filing
Aug 17, 2022
Next filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Options Exercise $0 +4.78K +2.52% $0.00 195K Nov 21, 2022 Direct F1
transaction BZFD Class A Common Stock Tax liability -$3.7K -2.65K -1.36% $1.40 192K Nov 21, 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 -4.78K -59.99% $0.00 3.19K Nov 21, 2022 Class A Common Stock 4.78K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Class A common stock reflect the settlement of restricted stock units ("RSUs") on November 21, 2022. Each RSU is convertible into a share of Issuer's Class A common stock on a 1-for-1 basis.
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock, subject to the Reporting Person's continued status as a service provider to the Issuer.
F3 The RSUs service-vest on the following schedule: (a) 25% vest on January 1, 2020 and (b) the remaining 75% vest in 36 equal installments on each monthly anniversary thereafter.
F4 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.