Matthew Omer - 15 Nov 2024 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
CFO
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for Matthew Omer
Issuer symbol
BZFD
Transactions as of
15 Nov 2024
Net transactions value
$0
Form type
4
Filing time
19 Nov 2024, 17:42:51 UTC
Previous filing
16 Aug 2024
Next filing
26 Feb 2025
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 +287 +0.21% $0.000000 138,245 15 Nov 2024 Direct F1
transaction BZFD Class A Common Stock Options Exercise $0 +750 +0.54% $0.000000 138,995 15 Nov 2024 Direct F1
transaction BZFD Class A Common Stock Options Exercise $0 +788 +0.57% $0.000000 139,783 15 Nov 2024 Direct F1
transaction BZFD Class A Common Stock Options Exercise $0 +58,594 +42% $0.000000 198,377 15 Nov 2024 Direct F1
transaction BZFD Class A Common Stock Options Exercise $0 +1,666 +0.84% $0.000000 200,043 15 Nov 2024 Direct F1
transaction BZFD Class A Common Stock Tax liability $0 -22,155 -11% $0.000000 177,888 15 Nov 2024 Direct F2

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 -287 -33% $0.000000 574 15 Nov 2024 Class A Common Stock 287 Direct F3, F4, F5
transaction BZFD Restricted Stock Units Options Exercise $0 -750 -50% $0.000000 750 15 Nov 2024 Class A Common Stock 750 Direct F3, F5, F6
transaction BZFD Restricted Stock Units Options Exercise $0 -788 -33% $0.000000 1,576 15 Nov 2024 Class A Common Stock 788 Direct F3, F5, F7
transaction BZFD Restricted Stock Units Options Exercise $0 -58,594 -20% $0.000000 234,374 15 Nov 2024 Class A Common Stock 58,594 Direct F3, F5, F8
transaction BZFD Restricted Stock Units Options Exercise $0 -1,666 -12% $0.000000 11,668 15 Nov 2024 Class A Common Stock 1,666 Direct F3, F5, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Class A common stock reflect the settlement, on November 15, 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 the Issuer's Class A common stock on a 1-for-1 basis.
F2 Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (2) refers.
F3 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.
F4 287 RSUs vested on November 15, 2024. The remaining 574 RSUs vest 1/16 of the total award of 4,592 RSUs on the 15th of each February and May thereafter.
F5 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
F6 750 RSUs vested on November 15, 2024. The remaining 750 RSUs vest 1/12 of the total award of 8,993 RSUs on the 15th of February thereafter.
F7 788 RSUs vested on November 15, 2024. The remaining 1,576 RSUs vest 1/12 of the total award of 9,454 RSUs on the 15th of each February and May thereafter.
F8 58,594 RSUs settled on November 15, 2024. The remaining 234,374 RSUs vest ratably as to 1/8 of the total award of 468,750 quarterly on the 1st of each January, April, July, and October thereafter.
F9 1,666 RSUs settled on November 15, 2024. The remaining 11,668 RSUs vests as to 1/12 of the total award quarterly in eight equal installments on the 19th of February, May, August, and November thereafter.