DellaFortuna Felicia 4
4 · BuzzFeed, Inc. · Filed Aug 15, 2023
Insider Transaction Report
Form 4
BuzzFeed, Inc.BZFD
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2023-08-11+192→ 245,535 total - Exercise/Conversion
Class A Common Stock
[F1]2023-08-11+17,985→ 263,520 total - Exercise/Conversion
Class A Common Stock
[F1]2023-08-11+30,600→ 294,120 total - Tax Payment
Class A Common Stock
[F2]2023-08-11$0.52/sh−67$35→ 294,053 total - Tax Payment
Class A Common Stock
[F2]2023-08-11$0.52/sh−6,220$3,234→ 287,833 total - Tax Payment
Class A Common Stock
[F2]2023-08-11$0.52/sh−10,582$5,503→ 277,251 total - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2023-08-11−192→ 0 total→ Class A Common Stock (192 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F6][F5]2023-08-11−17,985→ 125,901 total→ Class A Common Stock (17,985 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F7][F5]2023-08-11−30,600→ 61,200 total→ Class A Common Stock (30,600 underlying)
Footnotes (7)
- [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, each of which was converted into a share of 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 common stock, subject to the Reporting Person's continued status as a service provider to the Issuer.
- [F4]This award is fully vested.
- [F5]These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- [F6]1/12 of the total award vested on the transaction date. The remaining 125,901 RSUs vests as to 1/12 of the total award quarterly in equal installments on the 15th of November, February, May and August thereafter.
- [F7]The RSUs service-vest on the following schedule: (a) one-third vest on January 1, 2022 and (b) the remaining two-thirds vest in eight equal installments on each quarterly anniversary thereafter.
Signature
/s/ Heather Flores-Ricks, Attorney-in-Fact for Felicia DellaFortuna|2023-08-15