Felicia DellaFortuna - Mar 6, 2023 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
CFO
Signature
/s/ Felicia Della Fortuna
Stock symbol
BZFD
Transactions as of
Mar 6, 2023
Transactions value $
-$348
Form type
4
Date filed
3/8/2023, 08:32 PM
Previous filing
Nov 23, 2022
Next filing
May 16, 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 +191 +0.12% $0.00 154K Mar 6, 2023 Direct F1
transaction BZFD Class A Common Stock Options Exercise $0 +510 +0.33% $0.00 155K Mar 6, 2023 Direct F1
transaction BZFD Class A Common Stock Tax liability -$348 -219 -0.14% $1.59 155K Mar 6, 2023 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 -191 -14.26% $0.00 1.15K Mar 6, 2023 Class A Common Stock 191 Direct F2, F3, F4
transaction BZFD Restricted Stock Units Options Exercise $0 -510 -19.99% $0.00 2.04K Mar 6, 2023 Class A Common Stock 510 Direct F2, F4, F5
* 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 March 6, 2023. 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.