Adam Rothstein - Jun 3, 2023 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Director
Signature
/s/ Felicia DellaFortuna, Attorney-in-Fact for Adam Rothstein
Stock symbol
BZFD
Transactions as of
Jun 3, 2023
Transactions value $
$0
Form type
4
Date filed
6/6/2023, 06:06 PM
Previous filing
Jun 6, 2023
Next filing
Jul 21, 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 +1.77% $0.00 1.67M Jun 3, 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 -29K -33.33% $0.00 58.1K Jun 3, 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 On June 3, 2023, 29,033 restricted stock units ("RSUs"), previously granted to the Reporting Person on April 3, 2023, were settled in shares of common stock on June 3, 2023.
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 58,067 RSUs vests ratably as to 1/4 of the total award on the 3rd of each September and December thereafter.
F4 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.