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BuzzFeed, Inc. Director's Dealing 2024

May 17, 2024

34451_dirs_2024-05-17_7a88d97b-73a9-456f-be80-9b3c7d134f03.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: 2024-05-15

Reporting Person: Rolle Janet L (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-05-15 Class A Common Stock M 1674 Acquired 92673 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-05-15 Restricted Stock Units $ M 1674 Disposed Class A Common Stock (1674) 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: These shares of Class A common stock reflect the settlement, on May 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.

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: 1/16 of the award vested on May 15, 2024. The remaining 3,348 RSUs vest ratably as to 1/16 of the total award of 26,782 RSUs on the 15th of each August and November thereafter.

F5: These RSUs do not expire; they either vest or are cancelled prior to the vesting date.