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BuzzFeed, Inc. — Director's Dealing 2022
Nov 23, 2022
34451_dirs_2022-11-23_b05014aa-d4b7-49df-ae50-2e2494960814.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: 2022-11-21
Reporting Person: Powell Rhonda (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-21 | Class A Common Stock | M | 2041 | $0.00 | Acquired | 115204 | Direct |
| 2022-11-21 | Class A Common Stock | M | 13514 | $0.00 | Acquired | 128718 | Direct |
| 2022-11-21 | Class A Common Stock | F | 5609 | $1.40 | Disposed | 123109 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-21 | Restricted Stock Units | $ | M | 2041 | Disposed | Class A Common Stock (2041) | Direct | |
| 2022-11-21 | Restricted Stock Units | $ | M | 13514 | Disposed | Class A Common Stock (13514) | Direct |
Footnotes
F1: These shares of Class A common stock reflect the settlement of restricted stock units ("RSUs") on November 21, 2022. Each RSU is convertible into a share of Issuer's Class A common stock on a 1-for-1 basis.
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock, subject to the Reporting Person's continued status as a service provider to the Issuer.
F3: The RSUs service-vest on the following schedule: (a) 25% vests on September 5, 2019 and (b) the remaining 75% vests in 36 equal installments each monthly anniversary thereafter.
F4: These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
F5: The RSUs service-vest on the following schedule: (a) one-third vest on January 1, 2022, and (b) the remaining two-thirds vest in eight equal installments on each quarterly anniversary thereafter.