New Enterprise Associates 13 Lp - Mar 7, 2025 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
10%+ Owner
Signature
/s/ Zachary Bambach, attorney-in-fact
Stock symbol
BZFD
Transactions as of
Mar 7, 2025
Transactions value $
-$96,222
Form type
4
Date filed
3/11/2025, 06:53 PM
Previous filing
Mar 6, 2025
Next filing
Mar 14, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Sale -$69.6K -33.8K -0.89% $2.06 3.78M Mar 7, 2025 Direct F1, F2
transaction BZFD Class A Common Stock Sale -$26.6K -13.6K -0.36% $1.95 3.76M Mar 11, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.01 to $2.078 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 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.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.94 to $1.98 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.