Angela Acharia - Apr 5, 2023 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Director
Signature
/s/ Heather Flores-Ricks as Attorney-in-Fact for Angela Acharia
Stock symbol
BZFD
Transactions as of
Apr 5, 2023
Transactions value $
$0
Form type
4
Date filed
4/6/2023, 06:53 PM
Previous filing
Mar 1, 2023
Next filing
Jun 6, 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 +29K +34.59% $0.00 113K Apr 5, 2023 Direct F1
holding BZFD Class A Common Stock 2.25K Apr 5, 2023 By A Series Investments, LLC

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 Award $0 +116K $0.00 116K Apr 5, 2023 Class A Common Stock 116K Direct F2, F3, F4
transaction BZFD Restricted Stock Units Options Exercise $0 -29K -25% $0.00 87.1K Apr 5, 2023 Class A Common Stock 29K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received restricted stock units ("RSUs") on April 5, 2023. Each RSU represented a contingent right to receive one share of the Issuer's common stock. 29,033 RSUs fully vested on April 5, 2023 and were settled in shares of the Issuer's common stock.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock, subject to the Reporting Person's continued status as a service provider to the Issuer.
F3 1/4 of the award vested on the transaction date. The remaining 87,100 RSUs vests ratably as to 1/4 of the total award on the 3rd of each June, September, and December thereafter.
F4 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.

Remarks:

Exhibit 24 - Power of Attorney.