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BuzzFeed, Inc. — Director's Dealing 2022
Dec 6, 2022
34451_dirs_2022-12-06_4d309ee4-2b3e-4203-b903-d20c549ace7d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BuzzFeed, Inc. (BZFD)
CIK: 0001828972
Period of Report: 2022-12-03
Reporting Person: KERINS PATRICK J (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-12-03 | Class A Common Stock | M | 26679 | $0.00 | Acquired | 106714 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-12-03 | Restricted Stock Unit | $ | M | 26679 | Disposed | Class A Common Stock (26679) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 15333892 | Indirect |
Footnotes
F1: The Form 4 filed on June 7, 2022 inadvertently underreported the number of restricted stock units ("RSUs") that vested on June 3, 2022 by 1 share. This Form 4 gives effect to the correction.
F2: The Reporting Person is a director of NEA 13 GP, LTD, which is the sole general partner of NEA Partners 13, L.P. ("NEA Partners 13"). NEA Partners 13 is the sole general partner of New Enterprise Associates 13, L.P. ("NEA 13"), which is the direct beneficial owner of the securities. The reporting person disclaims 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 reporting person has no pecuniary interest.
F3: 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.
F4: The remaining 29,679 RSUs vested on December 3, 2022.
F5: These RSUs do not expire; they either vest or are cancelled prior to the vesting date.