Martin Marcela K. - 19 May 2023 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
President
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for Marcela Martin
Issuer symbol
BZFD
Transactions as of
19 May 2023
Net transactions value
$0
Form type
4
Filing time
23 May 2023, 20:49:08 UTC
Previous filing
19 Oct 2022
Next filing
12 Jun 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 Restricted Stock Units Award $0 +1,034,482 $0.000000 1,034,482 19 May 2023 Class A Common Stock 1,034,482 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("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.
F2 1/3 of the total award vests on May 19, 2024. The remainder vests as to 2/3 of the total award quarterly in eight equal installments on the 19th of August, November, February, and May thereafter.
F3 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.

Remarks:

Exhibit 24 - Power of Attorney.