Sec Form 4 Filing - Omer Matthew @ BuzzFeed, Inc. - 2024-03-08

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Omer Matthew
2. Issuer Name and Ticker or Trading Symbol
BuzzFeed, Inc. [ BZFD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CFO
(Last) (First) (Middle)
229 WEST 43RD STREET, 10TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
03/08/2024
(Street)
NEW YORK, NY10036
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/08/2024 M 1,148 ( 1 ) A $ 0 65,228 D
Class A Common Stock 03/08/2024 M 2,997 ( 1 ) A $ 0 68,225 D
Class A Common Stock 03/08/2024 M 3,151 ( 1 ) A $ 0 71,376 D
Class A Common Stock 03/08/2024 F 2,992 ( 2 ) D $ 0.32 68,384 D
Class A Common Stock 2,300 I By spouse ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 4 ) 03/08/2024 M 1,148 ( 5 ) ( 6 ) Class A Common Stock 1,148 $ 0 6,885 D
Restricted Stock Units ( 4 ) 03/08/2024 M 2,997 ( 7 ) ( 6 ) Class A Common Stock 2,997 $ 0 14,989 D
Restricted Stock Units ( 4 ) 03/08/2024 M 3,151 ( 8 ) ( 6 ) Class A Common Stock 3,151 $ 0 18,909 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Omer Matthew
229 WEST 43RD STREET, 10TH FLOOR
NEW YORK, NY10036
CFO
Signatures
/s/ Heather Flores-Ricks, Attorney-in-Fact for Matthew Omer 03/12/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares of Class A common stock reflect the settlement, on March 8, 2024, 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.
( 2 )Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (1) refers.
( 3 )Held of record by Mr. Omer's spouse. Mr. Omer may be deemed to beneficially own all of the shares held of record by his spouse; however, Mr. Omer disclaims beneficial ownership of the shares held of record by his spouse except to the extent of his pecuniary interest therein.
( 4 )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.
( 5 )1,148 Restricted Stock Units ("RSUs") vested on November 15, 2023 and settled on March 8, 2024. The remaining 6,885 RSUs vests ratably as to 1/16 of the total award on the 15nd of February, May, August, and November thereafter.
( 6 )These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
( 7 )2,997 RSUs vested on November 15, 2023 and settled on March 8, 2024. The remaining 14,989 RSUs vests ratably as to 1/12 of the total award on the 15nd of February, May, August, and November thereafter.
( 8 )3,151 RSUs vested on November 15, 2023 and settled on March 8, 2024. The remaining 18,909 RSUs vests ratably as to 1/12 of the total award on the 15nd of February, May, August, and November thereafter.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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