Marcela Martin - Oct 11, 2023 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
President
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for Marcela Martin
Stock symbol
BZFD
Transactions as of
Oct 11, 2023
Transactions value $
$0
Form type
4
Date filed
10/13/2023, 06:03 PM
Previous filing
Aug 15, 2023
Next filing
Nov 9, 2023

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 +1M $0.00 1M Oct 11, 2023 Class A Common Stock 1M 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 1/8th of the RSU grant will vest on November 1, 2023 and an additional 1/8th of the total award grant will vest quarterly thereafter until fully vested, in each case subject to continuing employment on the applicable vesting dates.
F3 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.