Christian Baesler - 06 Mar 2023 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
08 Mar 2023, 20:34:07 UTC
Prior SEC filing
24 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Felicia DellaFortuna, Attorney-in-Fact for Christian Baesler

Key filing fact

Christian Baesler filed Form 4 for BuzzFeed, Inc. (BZFD) on 08 Mar 2023.

Key facts

  • This page summarizes Christian Baesler's Form 4 filing for BuzzFeed, Inc. (BZFD).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 08 Mar 2023, 20:34.

Change

  • Previous filing in this sequence was filed on 24 Feb 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BZFD transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+229,497
Change %
Price
$0.000000
Shares after
229,497
Date
06 Mar 2023
Ownership
Direct
Footnotes
F1
BZFD transaction

Class A Common Stock

Tax liability

Transaction value
$0
Shares
-120,170
Change %
-52%
Price
$0.000000
Shares after
109,327
Date
06 Mar 2023
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BZFD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-229,497
Change %
-33%
Price
$0.000000
Shares after
459,003
Date
06 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
229,497
Exercise price
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

These shares of Class A common stock reflect the settlement of restricted stock units ("RSUs") on March 6, 2023. Each RSU is convertible into a share of Issuer's Class A common stock on a 1-for-1 basis.

Footnote 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.

Footnote F3

1/3 of the total award settled on December 4, 2022. The remaining 459,003 RSUs vests ratably as to 1/8 of the total award quarterly in eight equal installments on the fourth of March, June, September, and December thereafter.

Footnote F4

These RSUs do not expire; they either vest or are cancelled prior to the vesting date.

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