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BuzzFeed, Inc. — Director's Dealing 2024
Mar 5, 2024
34451_dirs_2024-03-05_a68558a9-384d-47ad-a687-2eab4cfbe197.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: 2024-03-01
Reporting Person: Rothstein Adam (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-01 | Class A Common Stock | M | 27780 | — | Acquired | 1826364 | Direct |
| 2024-03-01 | Class A Common Stock | M | 5540 | — | Acquired | 1831904 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-01 | Restricted Stock Units | $ | M | 5540 | Disposed | Class A Common Stock (5540) | Direct | |
| 2024-03-01 | Restricted Stock Units | $ | M | 27780 | Disposed | Class A Common Stock (27780) | Direct |
Footnotes
F1: These shares of Class A common stock reflect the settlement, on March 1, 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 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: 1/4 of the total award of 22,159 RSUs award vested on the March 1, 2024. The remaining 5,540 RSUs vests on the 1st of June.
F4: These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
F5: 1/4 of the total award of 111,122 RSUs vested on March 1, 2024. The remaining 27,781 RSUs vests on the 1st of June.