GREGORY COLEMAN - 28 Dec 2022 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Director
Signature
Felicia DellaFortuna, as Attorney-in-Fact for Gregory Coleman
Issuer symbol
BZFD
Transactions as of
28 Dec 2022
Net transactions value
$0
Form type
4
Filing time
06 Jan 2023, 17:00:10 UTC
Previous filing
06 Dec 2022
Next filing
01 Mar 2023
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 Stock Option (Right to Buy) Disposed to Issuer -1,594,854 -100% 0 28 Dec 2022 Class A Common Stock 1,594,854 $5.31 Direct F1
transaction BZFD Stock Option (Right to Buy) Award +1,594,854 1,594,854 28 Dec 2022 Class A Common Stock 1,594,854 $5.31 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The two reported transactions involve an amendment to extend the expiration date of outstanding options, resulting in the deemed cancellation of the "old" options and the grant of replacement options. The options were originally granted on August 7, 2014, and are fully vested and exercisable for shares of the issuer's Class A Common Stock.