Patrick J. Kerins - Mar 12, 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 12, 2025
Transactions value $
-$798,006
Form type
4
Date filed
3/14/2025, 06:02 PM
Previous filing
Mar 11, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Sale -$55.9K -28.3K -0.75% $1.98 3.74M Mar 12, 2025 See Note 2 F1, F2
transaction BZFD Class A Common Stock Sale -$124K -61.4K -1.64% $2.01 3.67M Mar 13, 2025 See Note 2 F2, F3
transaction BZFD Class A Common Stock Sale -$618K -273K -7.44% $2.26 3.4M Mar 14, 2025 See Note 2 F2, F4
holding BZFD Class A Common Stock 55.7K Mar 12, 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Patrick J. Kerins is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 $1.94 to $2.00 per share, inclusive. The Reporting Person undertakes 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 Reporting Person is a director of NEA 13 GP, LTD, which is the sole general partner of NEA Partners 13, L.P. ("NEA Partners 13"). NEA Partners 13 is the sole general partner of New Enterprise Associates 13, L.P. ("NEA 13"), which is the direct beneficial owner of the securities. The Reporting Person disclaims 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 Reporting Person has 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 $1.97 to $2.16 per share, inclusive. The Reporting Person undertakes 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.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.15 to $2.37 per share, inclusive. The Reporting Person undertakes 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.