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