Janet Rolle - 03 Jun 2022 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
Director
Signature
/s/ Rhonda Powell, Attorney-in-Fact for Janet L. Rolle
Issuer symbol
BZFD
Transactions as of
03 Jun 2022
Transactions value $
$0
Form type
4
Filing time
07 Jun 2022, 17:10:41 UTC
Previous filing
18 May 2022
Next filing
06 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Options Exercise $0 +21K +34.32% $0.00 82.1K 03 Jun 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BZFD Restricted Stock Units Options Exercise $0 -21K -33.33% $0.00 42K 03 Jun 2022 Class A Common Stock 21K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 25% of the award vested on June 3, 2022. The remainder of the award vests in two equal quarterly installments thereafter on the third of September and December 2022.
F3 These RSUs do not expire; they either vest or are canceled prior to the vesting date.