Phuong Dao Nguyen - Mar 6, 2023 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Publisher
Signature
/s/ Felicia DellaFortuna, Attorney-in-Fact for Phuong Dao Nguyen
Stock symbol
BZFD
Transactions as of
Mar 6, 2023
Transactions value $
$0
Form type
4
Date filed
3/8/2023, 08:33 PM
Previous filing
Nov 23, 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 +1.59K +0.83% $0.00 194K Mar 6, 2023 Direct F1
transaction BZFD Class A Common Stock Tax liability $0 -735 -0.38% $0.00 193K 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 -1.59K -50% $0.00 1.59K Mar 6, 2023 Class A Common Stock 1.59K 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 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 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.