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: DellaFortuna Felicia (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-03	Stock Option (Right to Buy)	$8.83	A	4590	Acquired	2026-07-12	Class A Common Stock (4590)	Direct
2021-12-03	Stock Option (Right to Buy)	$8.76	A	3060	Acquired	2025-10-20	Class A Common Stock (3060)	Direct
2021-12-03	Stock Option (Right to Buy)	$9.55	A	7650	Acquired	2027-07-24	Class A Common Stock (7650)	Direct
2021-12-03	Stock Option (Right to Buy)	$8.34	A	61200	Acquired	2029-07-31	Class A Common Stock (61200)	Direct

Footnotes

F1: Represents stock options of the issuer received pursuant to a business combination (the "Business Combination") which was effectuated in accordance with the terms of an Agreement and Plan of Merger dated as of June 24, 2021 (the "Merger Agreement") among: (i) the issuer; (ii) wholly-owned subsidiaries of the issuer; and (iii) the company formerly known as Buzzfeed, Inc. ("Original BuzzFeed"). At the Effective Time (as defined in the Merger Agreement), the reporting person's stock options previously awarded by Original BuzzFeed for shares of its Class A Common Stock were exchanged for substitute option awards, of an equivalent economic value, which vest and become exercisable for shares of the issuer's Class A Common Stock.

F2: This award is fully vested.

F3: 5/8 of this award vests on the transaction date. The award vests thereafter monthly on the 1st as to 1/48 of the total award.