Janet Rolle - Apr 29, 2024 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
Apr 29, 2024
Transactions value $
$0
Form type
4
Date filed
5/1/2024, 05:59 PM
Previous filing
Feb 20, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Options Exercise $0 +76.9K +26.79% $0.00 364K Apr 29, 2024 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 Award $0 +308K $0.00 308K Apr 29, 2024 Class A Common Stock 308K $0.00 Direct F2, F3, F4
transaction BZFD Restricted Stock Units Options Exercise $0 -76.9K -25% $0.00 231K Apr 29, 2024 Class A Common Stock 76.9K $0.00 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received restricted stock units ("RSUs") on April 29, 2024. Each RSU represented a contingent right to receive one share of the Issuer's common stock. 76,910 RSUs fully vested on April 29, 2024 and were settled in shares of the Issuer's common stock.
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 230,733 RSUs vests ratably as to 1/4 of the total award on the 1st of each June, September, and December thereafter.
F4 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.