David Arroyo - Mar 5, 2025 Form 4 Insider Report for BuzzFeed, Inc. (BZFD)

Role
CLO
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for David Arroyo
Stock symbol
BZFD
Transactions as of
Mar 5, 2025
Transactions value $
$0
Form type
4
Date filed
3/7/2025, 07:56 PM
Previous filing
Feb 26, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BZFD Class A Common Stock Options Exercise $0 +25.1K +28.55% $0.00 113K Mar 5, 2025 Direct F1
transaction BZFD Class A Common Stock Tax liability $0 -11.5K -10.18% $0.00 102K Mar 5, 2025 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 -25.1K -14.29% $0.00 151K Mar 5, 2025 Class A Common Stock 25.1K Direct F3, F4, F5
* 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 March 5, 2025, 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 (1) refers.
F3 Each restricted stock unit ("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 25,144 RSUs vested on November 19, 2024 and settled on March 5, 2025. The remaining 150,866 RSUs vest as to 1/12th of the total award of 301,724 RSUs quarterly in equal installments on the 19th of May, August, November and February thereafter.
F5 Not applicable.