AI assistant
BuzzFeed, Inc. — Director's Dealing 2024
Jun 4, 2024
34451_dirs_2024-06-04_eb67ab99-ccd4-4c5e-8b17-4090278d05e4.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BuzzFeed, Inc. (BZFD)
CIK: 0001828972
Period of Report: 2024-05-31
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 |
|---|---|---|---|---|---|---|---|
| 2024-05-31 | Class A Common Stock | S | 104000 | $2.8468 | Disposed | 1091195 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 7866 | Direct |
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 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: On May 31, 2024, the Reporting Person sold these shares in multiple trades at prices ranging from $2.76 to $2.93. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transactions were effected.
F3: These shares are directly held by Johnson BF, LLC, of which John S. Johnson, III is the sole member.