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BuzzFeed, Inc. — Director's Dealing 2024
Mar 12, 2024
34451_dirs_2024-03-12_be6c3524-f5af-4a63-9875-52db573db89e.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: 2024-03-08
Reporting Person: Omer Matthew (CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-08 | Class A Common Stock | M | 1148 | — | Acquired | 65228 | Direct |
| 2024-03-08 | Class A Common Stock | M | 2997 | — | Acquired | 68225 | Direct |
| 2024-03-08 | Class A Common Stock | M | 3151 | — | Acquired | 71376 | Direct |
| 2024-03-08 | Class A Common Stock | F | 2992 | $0.32 | Disposed | 68384 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-08 | Restricted Stock Units | $ | M | 1148 | Disposed | Class A Common Stock (1148) | Direct | |
| 2024-03-08 | Restricted Stock Units | $ | M | 2997 | Disposed | Class A Common Stock (2997) | Direct | |
| 2024-03-08 | Restricted Stock Units | $ | M | 3151 | Disposed | Class A Common Stock (3151) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 2300 | Indirect |
Footnotes
F1: These shares of Class A common stock reflect the settlement, on March 8, 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: Held of record by Mr. Omer's spouse. Mr. Omer may be deemed to beneficially own all of the shares held of record by his spouse; however, Mr. Omer disclaims beneficial ownership of the shares held of record by his spouse except to the extent of his pecuniary interest therein.
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: 1,148 Restricted Stock Units ("RSUs") vested on November 15, 2023 and settled on March 8, 2024. The remaining 6,885 RSUs vests ratably as to 1/16 of the total award on the 15nd of February, May, August, and November thereafter.
F6: These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
F7: 2,997 RSUs vested on November 15, 2023 and settled on March 8, 2024. The remaining 14,989 RSUs vests ratably as to 1/12 of the total award on the 15nd of February, May, August, and November thereafter.
F8: 3,151 RSUs vested on November 15, 2023 and settled on March 8, 2024. The remaining 18,909 RSUs vests ratably as to 1/12 of the total award on the 15nd of February, May, August, and November thereafter.