Janet Rolle - Aug 15, 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
Aug 15, 2024
Transactions value $
$0
Form type
4
Date filed
8/16/2024, 08:28 PM
Previous filing
Jun 4, 2024
Next filing
Sep 5, 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 +1.67K +1.5% $0.00 114K Aug 15, 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 Options Exercise $0 -1.67K -50% $0.00 1.67K Aug 15, 2024 Class A Common Stock 1.67K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Class A common stock reflect the settlement, on August 15, 2024, of restricted stock units ("RSUs") granted to the Reporting Person pursuant to the 2021 Equity Incentive Plan, each of which was converted into a share of the Issuer's Class A common stock on a 1-for-1 basis.
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 1/16 of the award vested on August 15, 2024. The remaining 1,674 RSUs vest on the 15th of November.
F4 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.