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BuzzFeed, Inc. — Director's Dealing 2024
Mar 12, 2024
34451_dirs_2024-03-12_42c1917a-9e79-423b-b679-c88807ce43f6.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: Arroyo David (CLO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-08 | Class A Common Stock | M | 1499 | — | Acquired | 45346 | Direct |
| 2024-03-08 | Class A Common Stock | M | 1313 | — | Acquired | 46659 | Direct |
| 2024-03-08 | Class A Common Stock | F | 1298 | $0.32 | Disposed | 45361 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-08 | Restricted Stock Units | $ | M | 1499 | Disposed | Class A Common Stock (1499) | Direct | |
| 2024-03-08 | Restricted Stock Units | $ | M | 1313 | Disposed | Class A Common Stock (1313) | Direct |
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: 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.
F3: Each restricted stock unit ("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: 1,499 RSUs vested on November 15, 2024 and settled on March 8, 2024. The remaining 7,495 RSUs vests as to 1/8 of the total award quarterly in eight equal installments on the 15nd of February, May, August, and November thereafter.
F5: These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
F6: 1,313 RSUs vested on November 15, 2023 and settled on March 8, 2024. The remaining 7,879 RSUs vests as to 1/8 of the total award quarterly in eight equal installments on the 15nd of February, May, August, and November thereafter.