David Arroyo - May 16, 2024 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
CLO
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for David Arroyo
Stock symbol
BZFD
Transactions as of
May 16, 2024
Transactions value $
$0
Form type
4
Date filed
5/17/2024, 05:51 PM
Previous filing
Mar 12, 2024
Next filing
May 23, 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 Stock Option (Right to Buy) Award $0 +453K $0.00 453K May 16, 2024 Class A Common Stock 453K $2.18 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Right to buy pursuant to the Issuer's 2021 Stock Incentive Plan.
F2 The stock option grant vest as follows: 1/3 vest one year from May 1, 2024 and in 8 equal quarterly installments thereafter.
F3 Price not required on initial report of stock option granted.