AI assistant
BuzzFeed, Inc. — Director's Dealing 2025
Mar 6, 2025
34451_dirs_2025-03-06_a1069ac7-77fc-4126-aff0-b7a2c49ecae5.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: 2025-03-04
Reporting Person: NEW ENTERPRISE ASSOCIATES 13 LP (N/A)
Reporting Person: NEA Partners 13, Limited Partnership (N/A)
Reporting Person: NEA 13 GP, Ltd (N/A)
Reporting Person: BASKETT FOREST (N/A)
Reporting Person: SANDELL SCOTT D (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-04 | Class A Common Stock | S | 1438 | $2.071 | Disposed | 3832035 | Direct |
| 2025-03-05 | Class A Common Stock | S | 8966 | $2.0372 | Disposed | 3823069 | Direct |
| 2025-03-06 | Class A Common Stock | S | 11127 | $2.1005 | Disposed | 3811942 | Direct |
Footnotes
F1: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.03 to $2.09 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2: On May 6, 2024, the Issuer effected a 1-for-4 reverse stock split of its Class A Common Stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
F3: The securities are directly held by New Enterprise Associates 13, L.P. ("NEA 13") and are indirectly held by NEA Partners 13, L.P. ("NEA Partners 13"), the sole general partner of NEA 13, NEA 13 GP, LTD ("NEA 13 LTD"), the sole general partner of NEA Partners 13, and the individual directors of NEA 13 LTD (NEA Partners 13, NEA 13 LTD and the individual directors of NEA 13 LTD (collectively, the "Directors"), together, the "Indirect Reporting Persons"). The Directors of NEA 13 LTD are Forest Baskett, Patrick J. Kerins and Scott D. Sandell. The Indirect Reporting Persons disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 13 in which the Indirect Reporting Persons have no pecuniary interest.
F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.02 to $2.05 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.02 to $2.14 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.