Form 4 for BZFD BuzzFeed, Inc.

Accepted 2023-08-15 00:00:00 ET · period of report 2023-08-11 · accession 0001828972-23-000147 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2023-08-15	2023-08-11	BZFD	Martin Marcela	Pres	F - Tax	$0.52	-339.3K	607.7K	-36%	-$176.4K
D	2023-08-15	2023-08-11	BZFD	Martin Marcela	Pres	M - OptEx	$0.00	+947.0K	947.0K	New	$0
D	2023-08-15	2023-08-11	BZFD	Martin Marcela	Pres	M - OptEx	$0.00	-947.0K	1.89M	-33%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2023-08-11	F	D	339,290	$0.52	607,670	D	—	—	(F2) Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the reporting person to which footnote (1) refers.
2	Common	Class A Common Stock	2023-08-11	M	A	946,960	$0.00	946,960	D	—	—	(F1) These shares of Class A common stock reflect the settlement, on August 11, 2023, of restricted stock units ("RSUs") granted to the reporting person pursuant to the 2021 Equity Incentive Plan on August 25, 2022, each of which was converted into a share of Issuer's Class A common stock on a 1-for-1 basis.
3	Derivative	Restricted Stock Units	2023-08-11	M	D	946,960	$0.00	1,893,949	D	— · — to —	946,960 Class A Common Stock	(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) 1/3rd of the total award vested on the transaction date. The remaining 1,893,949 RSUs vests as to 1/12th of the total award grant quarterly thereafter until fully vested. (F5) These RSUs do not expire; they either vest or are cancelled prior to the vesting date.