4//SEC Filing
KERINS PATRICK J 4
Accession 0001209191-23-048244
CIK 0001828972other
Filed
Sep 4, 8:00 PM ET
Accepted
Sep 5, 6:48 PM ET
Size
8.8 KB
Accession
0001209191-23-048244
Insider Transaction Report
Form 4
BuzzFeed, Inc.BZFD
KERINS PATRICK J
10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2023-09-03+29,033→ 193,813 total - Exercise/Conversion
Restricted Stock Units
2023-09-03−29,033→ 29,034 total→ Class A Common Stock (29,033 underlying)
Holdings
- 15,333,892(indirect: See Note 2)
Class A Common Stock
Footnotes (5)
- [F1]These shares of Class A common stock reflect the settlement, on September 3, 2023, 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]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 29,034 RSUs vest on December 3, 2023.
- [F5]These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Documents
Issuer
BuzzFeed, Inc.
CIK 0001828972
Entity typeother
Related Parties
1- filerCIK 0001235112
Filing Metadata
- Form type
- 4
- Filed
- Sep 4, 8:00 PM ET
- Accepted
- Sep 5, 6:48 PM ET
- Size
- 8.8 KB