Felicia DellaFortuna - Nov 21, 2022 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role: Chief Financial Officer
Signature: /s/ Rhonda Powell, as Attorney-in-Fact for Felicia DellaFortuna
Stock symbol: BZFD
Transactions as of: Nov 21, 2022
Transactions value $: -$15,576
Form type: 4
Date filed: 11/23/2022, 04:01 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	+574	+0.43%	$0.00	133K	Nov 21, 2022	Direct	F1
transaction	BZFD	Class A Common Stock	Options Exercise	$0	+1.53K	+1.15%	$0.00	135K	Nov 21, 2022	Direct	F1
transaction	BZFD	Class A Common Stock	Options Exercise	$0	+30.6K	+22.74%	$0.00	165K	Nov 21, 2022	Direct	F1
transaction	BZFD	Class A Common Stock	Tax liability	-$15.6K	-11.1K	-6.74%	$1.40	154K	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	-574	-30.01%	$0.00	1.34K	Nov 21, 2022	Class A Common Stock	574		Direct	F2, F3, F4
transaction	BZFD	Restricted Stock Units	Options Exercise	$0	-1.53K	-37.49%	$0.00	2.55K	Nov 21, 2022	Class A Common Stock	1.53K		Direct	F2, F4, F5
transaction	BZFD	Restricted Stock Units	Options Exercise	$0	-30.6K	-16.67%	$0.00	153K	Nov 21, 2022	Class A Common Stock	30.6K		Direct	F2, F4, F6

* 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 August 1, 2020, and (b) the remaining 75% vests in 36 equal installments each monthly anniversary thereafter.
F4	These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
F5	The RSUs service-vest on the following schedule: (a) 25% vest on April 11, 2020, and (b) the remaining 75% vests in 36 equal installments each monthly anniversary thereafter.
F6	The RSUs service-vest on the following schedule: (a) one-third vest on January 1, 2022 and (b) the remaining two-thirds vest in eight equal installments on each quarterly anniversary thereafter.