KERINS PATRICK J 4
4 · BuzzFeed, Inc. · Filed Apr 6, 2023
Insider Transaction Report
Form 4
BuzzFeed, Inc.BZFD
KERINS PATRICK J
10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2023-04-05+29,033→ 135,747 total - Exercise/Conversion
Restricted Stock Units
2023-04-05−29,033→ 87,100 total→ Class A Common Stock (29,033 underlying) - Award
Restricted Stock Unit
2023-04-05+116,133→ 116,133 total→ Class A Common Stock (116,133 underlying)
Holdings
- 15,333,892(indirect: See Note 2)
Class A Common Stock
Footnotes (5)
- [F1]The Reporting Person received restricted stock units ("RSUs") on April 5, 2023. Each RSU represented a contingent right to receive one share of the Issuer's common stock. 29,033 RSUs fully vested on April 5, 2023 and were settled in shares of the Issuer's common stock.
- [F2]The Reporting Person is a director of NEA 13 GP, LTD, which is the sole general partner of NEA Partners 13, L.P. ("NEA Partners 13"). NEA Partners 13 is the sole general partner of New Enterprise Associates 13, L.P. ("NEA 13"), which is the direct beneficial owner of the securities. The reporting person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 13 in which the reporting person has no pecuniary interest.
- [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]1/4 of the award vested on the transaction date. The remaining 87,100 RSUs vests ratably as to 1/4 of the total award on the 3rd of each June, September, and December thereafter.
- [F5]These RSUs do not expire; they either vest or are cancelled prior to the vesting date.