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BuzzFeed, Inc. — Director's Dealing 2024
Aug 16, 2024
34451_dirs_2024-08-16_358968ce-a438-44e8-b7d1-66daaee6fdbc.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: 2024-08-15
Reporting Person: Omer Matthew (CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-15 | Class A Common Stock | M | 287 | — | Acquired | 99387 | Direct |
| 2024-08-15 | Class A Common Stock | M | 749 | — | Acquired | 100136 | Direct |
| 2024-08-15 | Class A Common Stock | M | 788 | — | Acquired | 100924 | Direct |
| 2024-08-15 | Class A Common Stock | M | 58594 | — | Acquired | 159518 | Direct |
| 2024-08-15 | Class A Common Stock | F | 21560 | — | Disposed | 137958 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-15 | Restricted Stock Units | $ | M | 287 | Disposed | Class A Common Stock (287) | Direct | |
| 2024-08-15 | Restricted Stock Units | $ | M | 749 | Disposed | Class A Common Stock (749) | Direct | |
| 2024-08-15 | Restricted Stock Units | $ | M | 788 | Disposed | Class A Common Stock (788) | Direct | |
| 2024-08-15 | Restricted Stock Units | $ | M | 58594 | Disposed | Class A Common Stock (58594) | Direct |
Footnotes
F1: These shares of Class A common stock reflect the settlement, on August 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 (2) 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: 287 RSUs vested on August 15, 2024. The remaining 861 RSUs vest 1/16 of the total award of 4,592 RSUs 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: 749 RSUs vested on August 15, 2024. The remaining 1,500 RSUs vest 1/12 of the total award of 8,993 RSUs on the 15th of November and February thereafter.
F7: 788 RSUs vested on August 15, 2024. The remaining 2,364 RSUs vest 1/12 of the total award of 9,454 RSUs on the 15th of each November, February, and May thereafter.
F8: 58,594 RSUs settled on August 15, 2024. The remaining 292,968 RSUs vest ratably as to 1/8 of the total award of 468,750 quarterly on the 1st of each October, January, April, and July thereafter.