Adam Rothstein - 01 Oct 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 Oct 2024
Net transactions value
$0
Form type
4
Filing time
04 Oct 2024, 18:00:32 UTC
Previous filing
17 Sep 2024
Next filing
12 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Options Exercise $0 +47,637 +6.8% $0.000000 748,523 01 Oct 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 -47,637 -50% $0.000000 47,637 01 Oct 2024 Class A Common Stock 47,637 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 47,637 restricted stock units ("RSUs") fully vested on October 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 1/2 of the award vested on the transaction date. The remaining 47,637 RSUs vest on January 1, 2025.
F4 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.