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BuzzFeed, Inc. — Director's Dealing 2022
Sep 6, 2022
34451_dirs_2022-09-06_2c34f0f4-28fe-406e-bc51-f77ef1ec76fe.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: 2022-09-03
Reporting Person: KERINS PATRICK J (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-03 | Class A Common Stock | M | 26678 | $0.00 | Acquired | 80034 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-09-03 | Restricted Stock Units | $ | M | 26678 | Disposed | Class A Common Stock (26678) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 15333892 | Indirect |
Footnotes
F1: 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.
F2: Each Restricted Stock Unit ("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.
F3: 25% of the award vested on September 3, 2022. The remainder of the award vests thereafter on the third of December 2022.
F4: These RSUs do not expire; they either vest or are cancelled prior to the vesting date.