Adam Rothstein - 01 Sep 2024 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Director
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for Adam Rothstein
Issuer symbol
BZFD
Transactions as of
01 Sep 2024
Net transactions value
$0
Form type
4
Filing time
05 Sep 2024, 06:41:42 UTC
Previous filing
13 Aug 2024
Next filing
17 Sep 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 +26,919 +4% $0.000000 700,886 01 Sep 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 -26,919 -50% $0.000000 26,919 01 Sep 2024 Class A Common Stock 26,919 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 26,919 restricted stock units ("RSUs") fully vested on September 1, 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 26,919 RSUs of the award vested on the transaction date. The remaining 26,919 RSUs vest on December 1, 2024.
F4 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.