Angela Acharia - Sep 1, 2024 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Director
Signature
/s/ Heather Flores-Ricks as Attorney-in-Fact for Angela Acharia
Stock symbol
BZFD
Transactions as of
Sep 1, 2024
Transactions value $
$0
Form type
4
Date filed
9/5/2024, 06:42 AM
Previous filing
Jun 4, 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 +19.2K +21.73% $0.00 108K Sep 1, 2024 Direct F1
holding BZFD Class A Common Stock 563 Sep 1, 2024 By A Series Investments, LLC F2

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 -19.2K -50% $0.00 19.2K Sep 1, 2024 Class A Common Stock 19.2K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 19,228 restricted stock units {"RSUs") fully vested on September 1, 2024 and were settled in shares of the Issuer's common stock.
F2 Held of record by A Series Investments, LLC. Ms. Acharia is the Founder and Chief Executive Officer of A Series Investments, LLC and therefore may be deemed to beneficially own all of the shares held of record thereby; however, Ms. Acharia disclaims beneficial ownership except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that she is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3 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.
F4 19,228 RSUs vested on the transaction date. The remaining 19,228 RSUs vest on December 1, 2024.
F5 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.