0001828972-24-000139.txt : 20240523
0001828972-24-000139.hdr.sgml : 20240523
20240523194239
ACCESSION NUMBER: 0001828972-24-000139
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240521
FILED AS OF DATE: 20240523
DATE AS OF CHANGE: 20240523
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Omer Matthew
CENTRAL INDEX KEY: 0001999846
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39877
FILM NUMBER: 24980398
MAIL ADDRESS:
STREET 1: C/O BUZZFEED, INC.
STREET 2: 229 W. 43RD ST.
CITY: NEW YORK
STATE: NY
ZIP: 10036
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BuzzFeed, Inc.
CENTRAL INDEX KEY: 0001828972
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 853022075
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 229 WEST 43RD STREET, 10TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
BUSINESS PHONE: 646-397-2039
MAIL ADDRESS:
STREET 1: 229 WEST 43RD STREET, 10TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
FORMER COMPANY:
FORMER CONFORMED NAME: 890 5th Avenue Partners, Inc.
DATE OF NAME CHANGE: 20201019
4
1
wk-form4_1716507742.xml
FORM 4
X0508
4
2024-05-21
0
0001828972
BuzzFeed, Inc.
BZFD
0001999846
Omer Matthew
229 WEST 43RD STREET, 10TH FLOOR
NEW YORK
NY
10036
0
1
0
0
CFO
0
Class A Common Stock
2024-05-21
4
M
0
6666
0
A
23762
D
Class A Common Stock
2024-05-21
4
M
0
117188
0
A
140950
D
Class A Common Stock
2024-05-21
4
M
0
574
0
A
141524
D
Class A Common Stock
2024-05-21
4
M
0
1499
0
A
143023
D
Class A Common Stock
2024-05-21
4
M
0
1576
0
A
144599
D
Class A Common Stock
2024-05-21
4
F
0
45499
0
D
99100
D
Restricted Stock Units
2024-05-21
4
M
0
6666
0
D
Class A Common Stock
6666
13334
D
Restricted Stock Units
2024-05-21
4
M
0
117188
0
D
Class A Common Stock
117188
351562
D
Restricted Stock Units
2024-05-21
4
M
0
574
0
D
Class A Common Stock
574
1148
D
Restricted Stock Units
2024-05-21
4
M
0
1499
0
D
Class A Common Stock
1499
2249
D
Restricted Stock Units
2024-05-21
4
M
0
1576
0
D
Class A Common Stock
1576
3152
D
On May 6, 2024, the Issuer effected a 1-for-4 reverse split of the Issuer's Class A common stock, resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments have been made to the Reporting Person's outstanding equity awards, including the number of restricted stock units ("RSUs") reflected on this Form 4. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the 1-for-4 reverse stock split.
These shares of Class A common stock reflect the settlement, on May 21, 2024, of 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.
Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (2) refers.
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.
6,666 RSUs vested on May 19, 2024. The remaining 13,334 RSUs vests as to 1/12 of the total award of 20,000 RSUs quarterly in eight equal installments on the 19th of each August, November, February, and May thereafter.
These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
58,594 RSUs vested on each January 1, 2024 and April 1, 2024. The remaining 351,562 RSUs vest ratably as to 1/8 of the total award of 468,750 RSUs quarterly on the 1st of each July, October, January, and April thereafter.
287 RSUs vested on each February 15, 2024 and May 15, 2024. The remaining 1,148 RSUs vest 1/16 of the total award of 4,592 RSUs on the 15th of each August, November, February, and May thereafter.
750 RSUs vested on February 15, 2024 and 749 RSUs vested on May 15, 2024. The remaining 2,249 RSUs vest 1/12 of the total award of 8,993 RSUs on the 15th of August, November, and February thereafter.
788 RSUs vested on each February 15, 2024 and May 15, 2024. The remaining 3,152 RSUs vest 1/12 of the total award of 9,454 RSUs on the 15th of each August, November, February, and May thereafter.
/s/ Heather Flores-Ricks, Attorney-in-Fact for Matthew Omer
2024-05-23