BuzzFeed, Inc. — Director's Dealing 2024

Jun 4, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BuzzFeed, Inc. (BZFD)
CIK: 0001828972
Period of Report: 2024-06-01

Reporting Person: Acharia Angela (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-06-01	Class A Common Stock	M	19228	—	Acquired	88472	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-06-01	Restricted Stock Units	$	M	19228	Disposed		Class A Common Stock (19228)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	562.5	Indirect

Footnotes

F1: On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split.

F2: 19,228 RSUs fully vested on June 1, 2024 and were settled in shares of the Issuer's common stock.

F3: Held of record by A Series Investments, LLC. Ms. Acharia is the Founder and Chief Executive Officer of A Series Investments, LLC and therefore may be deemed to beneficially own all of the shares held of record thereby; however, Ms. Acharia disclaims beneficial ownership except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that she is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

F4: 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.

F5: 19,228 RSUs vested on the transaction date. The remaining 38,456 RSUs vests ratably as to 1/4 of the total award of 76,911 RSUs on the 1st of September, and December thereafter.

F6: These RSUs do not expire; they either vest or are cancelled prior to the vesting date.