Daniel Weinstein - May 19, 2023 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Chief Accounting Officer
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for Daniel Weinstein
Stock symbol
BZFD
Transactions as of
May 19, 2023
Transactions value $
$0
Form type
4
Date filed
5/23/2023, 08:51 PM
Previous filing
Mar 13, 2023
Next filing
May 17, 2024

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 +180K $0.00 180K May 19, 2023 Class A Common Stock 180K 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.