BuzzFeed, Inc. — Director's Dealing 2021

Dec 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BuzzFeed, Inc. (BZFD)
CIK: 0001828972
Period of Report: 2021-12-03

Reporting Person: 200 Park Avenue Partners, LLC (See remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-03	Class A Common Stock	M	6195040	—	Acquired	6852540	Direct
2021-12-03	Class A Common Stock	A	100000	$10.00	Acquired	6952540	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-03	Class F Common Stock	$	M	6195040	Disposed		Class A Common Stock (6195040)	Direct
2021-12-03	Private Placement Warrants (right to buy)	$11.50	A	252500	Acquired		Class A Common Stock (252500)	Direct

Footnotes

F1: On the transaction date (the "Completion Date"), pursuant to the issuer's Amended and Restated Certificate of Incorporation, as amended, each share of the issuer's Class F Common Stock automatically converted into one share of the issuer's Class A Common Stock upon completion of the business combination (the "Business Combination") entered into by and among: (i) the issuer; (ii) wholly-owned subsidiaries of the issuer; and (iii) the company formerly known as Buzzfeed, Inc.

F2: In connection with the consummation of the Business Combination, the issuer issued the securities described in this row to the reporting person, as its sponsor in the Business Combination, in satisfaction of a $1,000,000 working capital loan from the reporting person to the issuer.

F3: The private placement warrants were acquired from the issuer in connection with its initial public offering, the terms of which are described under the heading "Description of Securities" in the issuer's registration statement on Form S-1 (File No. 333-251650). Each private placement warrant is exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share, subject to certain adjustments. The private placement warrants are reported as acquired for purposes of Section 16 of the Act concurrently with the completion of the Business Combination, because they did not become derivative securities until the Completion Date pursuant to their exercise terms.