BuzzFeed, Inc. — Director's Dealing 2021

Dec 7, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: NEW ENTERPRISE ASSOCIATES 13 LP (10% Owner)
Reporting Person: NEA Partners 13, Limited Partnership (10% Owner)
Reporting Person: NEA 13 GP, Ltd (10% Owner)
Reporting Person: BASKETT FOREST (10% Owner)
Reporting Person: SANDELL SCOTT D (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	15333892	Direct

Footnotes

F1: Represents shares of the issuer's Class A Common Stock received pursuant to a 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), shares held by New Enterprise Associates 13, L.P. ("NEA 13") of all classes of the capital stock of Original BuzzFeed were exchanged for the shares of Class A Common Stock of the issuer reported in this row, based on an exchange ratio of .306 to 1.

F2: The securities are directly held by NEA 13 and are indirectly held by NEA Partners 13, L.P. ("NEA Partners 13"), the sole general partner of NEA 13, NEA 13 GP, LTD ("NEA 13 LTD"), the sole general partner of NEA Partners 13 and the individual directors of NEA 13 LTD (NEA Partners 13, NEA 13 LTD and the individual directors of NEA 13 LTD (collectively, the "Directors"), together, the "Indirect Reporting Persons"). The Directors of NEA 13 LTD are Forest Baskett, Patrick J. Kerins and Scott D. Sandell. The Indirect Reporting Persons disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 13 in which the Indirect Reporting Persons have no pecuniary interest.