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BuzzFeed, Inc. — Director's Dealing 2022
Aug 22, 2022
34451_dirs_2022-08-22_fa66abbe-e4da-4f52-ab7d-cb87f3027600.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: 2022-06-23
Reporting Person: Johnson John S. III (Member of 10% Group)
Reporting Person: Johnson BF, LLC (Member of 10% Group)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-23 | Class A Common Stock | C | 31461 | — | Acquired | 31461 | Direct |
| 2022-06-23 | Class A Common Stock | C | 5550953 | — | Acquired | 5550953 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-06-23 | Class B Common Stock | $ | C | 31461 | Disposed | Class A Common Stock (31461) | Direct | |
| 2022-06-23 | Class B Common Stock | $ | C | 5550953 | Disposed | Class A Common Stock (5550953) | Indirect |
Footnotes
F1: Each share of Class B Common Stock was converted into one share of Class A Common Stock of the issuer for no additional consideration at the option of the Reporting Person.
F2: These shares are directly held by Johnson BF, LLC, of which John S. Johnson, III is the sole member.
F3: Each share of Class B Common Stock is convertible into one share of Class A Common Stock of the issuer at the election of the Reporting Person at any time; provided; however, that each share of Class B Common Stock shall automatically be converted into Class A Common Stock on a one for one basis on the earlier of: (i) the date of death of Jonah Peretti or (ii) the date specified by the affirmative vote of the holders of a majority of the Class B Common Stock then outstanding. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value (subject to certain exceptions).