David Arroyo - 09 May 2025 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
CLO
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for David Arroyo
Issuer symbol
BZFD
Transactions as of
09 May 2025
Transactions value $
$0
Form type
4
Date filed
13 May 2025, 19:44
Previous filing
07 Mar 2025
Next filing
21 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Arroyo David CLO 229 WEST 43RD STREET, 10TH FLOOR, NEW YORK /s/ Heather Flores-Ricks, Attorney-in-Fact for David Arroyo 2025-05-13 0001961294

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Options Exercise $0 +25.1K +24.73% $0.00 127K 10 May 2025 Direct F1
transaction BZFD Class A Common Stock Options Exercise $0 +374 +0.29% $0.00 127K 10 May 2025 Direct
transaction BZFD Class A Common Stock Options Exercise $0 +328 +0.26% $0.00 128K 10 May 2025 Direct
transaction BZFD Class A Common Stock Tax liability $0 -10.4K -8.17% $0.00 117K 10 May 2025 Direct 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 -25.1K -16.67% $0.00 126K 09 May 2025 Class A Common Stock 25.1K Direct F3, F4, F5
transaction BZFD Restricted Stock Units Options Exercise $0 -374 -100% $0.00 0 09 May 2025 Class A Common Stock 374 Direct F3, F6, F7
transaction BZFD Restricted Stock Units Options Exercise $0 -328 -49.92% $0.00 329 09 May 2025 Class A Common Stock 328 Direct F3, F7, F8
* 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 May 9, 2025, 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 Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (1) refers.
F3 Each restricted stock unit ("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 25,142 RSUs settled on the transaction date. The remaining 125,724 RSUs vests as to 1/12th of the total award of 301,724 RSUs quarterly in eight equal installments on the 19th of each May, August, November, and February thereafter.
F5 Not applicable.
F6 All remaining 374 RSUs settled on the transaction date.
F7 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
F8 328 RSUs settled on the transaction date. The remaining 329 RSUs vest on the 15th of May.