0001828972-24-000141.txt : 20240523 0001828972-24-000141.hdr.sgml : 20240523 20240523194311 ACCESSION NUMBER: 0001828972-24-000141 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: Arroyo David CENTRAL INDEX KEY: 0001961294 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39877 FILM NUMBER: 24980405 MAIL ADDRESS: STREET 1: 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_1716507778.xml FORM 4 X0508 4 2024-05-21 0 0001828972 BuzzFeed, Inc. BZFD 0001961294 Arroyo David 229 WEST 43RD STREET, 10TH FLOOR NEW YORK NY 10036 0 1 0 0 CLO 0 Class A Common Stock 2024-05-21 4 M 0 100572 0 A 111913 D Class A Common Stock 2024-05-21 4 M 0 656 0 A 112569 D Class A Common Stock 2024-05-21 4 M 0 750 0 A 113319 D Class A Common Stock 2024-05-21 4 F 0 41102 0 D 72217 D Restricted Stock Units 2024-05-21 4 M 0 100572 0 D Class A Common Stock 100572 201152 D Restricted Stock Units 2024-05-21 4 M 0 656 0 D Class A Common Stock 656 1314 D Restricted Stock Units 2024-05-21 4 M 0 750 0 D Class A Common Stock 750 1124 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. 100,572 RSUs settled on May 21, 2024. The remaining 201,152 RSUs vests as to 1/12th of the total award of 301,724 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. 656 RSUs settled on May 21, 2024. The remaining 1,314 RSUs vests as to 1/12 of the total award of 3,939 RSUs quarterly in eight equal installments on the 15th of each August, November, February, and May thereafter. 750 RSUs settled on May 21, 2024. The remaining 1,124 RSUs vests as to 1/12 of the total award of 4,497 RSUs quarterly in eight equal installments on the 15th of each August, November, and February thereafter. /s/ Heather Flores-Ricks, Attorney-in-Fact for David Arroyo 2024-05-23