Matthew Omer - 05 Mar 2025 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
05 Mar 2025
Net transactions value
$0
Form type
4
Filing time
07 Mar 2025, 19:57:05 UTC
Previous filing
26 Feb 2025
Next filing
13 May 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 +1,666 +0.94% $0.000000 179,554 05 Mar 2025 Direct F1
transaction BZFD Class A Common Stock Tax liability $0 -685 -0.38% $0.000000 178,869 05 Mar 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 -1,666 -14% $0.000000 10,002 05 Mar 2025 Class A Common Stock 1,666 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 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 1,666 RSUs vested on November 19, 2024 and settled on March 5, 2025. The remaining 10,002 vests as to 1/12 of the total award of 20,000 RSUs quarterly in equal installments on the 19th of May, August, November, and February thereafter.
F5 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.