Adam Rothstein - Oct 1, 2024 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Director
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for Adam Rothstein
Stock symbol
BZFD
Transactions as of
Oct 1, 2024
Transactions value $
$0
Form type
4
Date filed
10/4/2024, 06:00 PM
Previous filing
Sep 17, 2024
Next filing
Nov 12, 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 +47.6K +6.8% $0.00 749K Oct 1, 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 -47.6K -50% $0.00 47.6K Oct 1, 2024 Class A Common Stock 47.6K 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.