Janet Rolle - May 15, 2023 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Director
Signature
/s/ Heather Flores-Ricks as Attorney-in-fact for Janet Rolle
Stock symbol
BZFD
Transactions as of
May 15, 2023
Transactions value $
$0
Form type
4
Date filed
5/17/2023, 06:42 PM
Previous filing
Apr 6, 2023
Next filing
May 22, 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 +6.69K +3.86% $0.00 180K May 15, 2023 Direct F1

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 -6.69K -14.29% $0.00 40.2K May 15, 2023 Class A Common Stock 6.69K 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 vesting of restricted stock units ("RSUs") on May 15, 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 Class A common stock, subject to the Reporting Person's continued status as a service provider to the Issuer.
F3 1/16 of the award vested on May 15, 2023. The remaining 40,163 RSUs vests ratably as to 1/16 of the total award on the 15th of each August, November, February, and May thereafter.
F4 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.