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BuzzFeed, Inc. — Director's Dealing 2024
Nov 19, 2024
34451_dirs_2024-11-19_9a2510f3-cdf9-4c05-aa6c-043b240602ef.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: 2024-11-15
Reporting Person: Arroyo David (CLO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-11-15 | Class A Common Stock | M | 328 | — | Acquired | 72964 | Direct |
| 2024-11-15 | Class A Common Stock | M | 375 | — | Acquired | 73339 | Direct |
| 2024-11-15 | Class A Common Stock | M | 25142 | — | Acquired | 98481 | Direct |
| 2024-11-15 | Class A Common Stock | F | 10419 | — | Disposed | 88062 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-11-15 | Restricted Stock Units | $ | M | 328 | Disposed | Class A Common Stock (328) | Direct | |
| 2024-11-15 | Restricted Stock Units | $ | M | 375 | Disposed | Class A Common Stock (375) | Direct | |
| 2024-11-15 | Restricted Stock Units | $ | M | 25142 | Disposed | Class A Common Stock (25142) | Direct |
Footnotes
F1: These shares of Class A common stock reflect the settlement, on November 15, 2024, of restricted stock units ("RSUs") granted to the Reporting Person pursuant to the 2021 Equity Incentive Plan, each of which was converted into a share of the Issuer's Class A common stock on a 1-for-1 basis.
F2: Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (1) refers.
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: 328 RSUs vested on November 15, 2024. The remaining 657 RSUs vest as to 1/12 of the total award of 3,939 RSUs quarterly in equal installments on the 15th of each February and May thereafter.
F5: These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
F6: 375 RSUs vested on November 15, 2024. The remaining 374 RSUs vest as to 1/12 of the total award of 4,497 RSUs quarterly in equal installments on the 15th of each February thereafter.
F7: 25,142 RSUs settled on November 15, 2024. The remaining 176,010 RSUs vest as to 1/12 of the total award of 301,152 RSUs quarterly in equal installments on the 19th of each February, May, August, and November thereafter.
F8: Not applicable.