BuzzFeed, Inc.|4Nov 9, 5:11 PM ET

Martin Marcela 4

4 · BuzzFeed, Inc. · Filed Nov 9, 2023

Form 4

Period: 2023-11-07

President

Transactions

Exercise/Conversion
Class A Common Stock
2023-11-07+125,000→ 969,413 total
Exercise/Conversion
Restricted Stock Units
2023-11-07−236,743→ 1,657,206 total
→ Class A Common Stock (236,743 underlying)
Exercise/Conversion
Class A Common Stock
2023-11-07+236,743→ 844,413 total
Tax Payment
Class A Common Stock
2023-11-07$0.32/sh−121,000$38,720→ 848,413 total
Exercise/Conversion
Restricted Stock Units
2023-11-07−125,000→ 875,000 total
→ Class A Common Stock (125,000 underlying)

Footnotes (7)

[F1]These shares of Class A common stock reflect the settlement, on November 7, 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]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]236,743 RSUs vested on November 1, 2023 and settled on November 7, 2023. The remaining 1,657,206 RSUs vest ratably as to 1/12th of the total award grant quarterly thereafter until fully vested.
[F5]Not applicable.
[F6]125,000 RSUs vested on November 1, 2023 and settled on November 7, 2023. The remaining 875,000 RSUs vest ratably as to 1/8th of the total award quarterly thereafter until fully vested.
[F7]These RSUs do not expire; they either vest or are cancelled prior to the vesting date.

Documents

1 file