Sec Form 4 Filing - Omer Matthew @ BuzzFeed, Inc. - 2024-05-21

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) 05/21/2024 (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 ( 1 ) 05/21/2024 M 6,666 ( 2 ) A $ 0 23,762 D Class A Common Stock ( 1 ) 05/21/2024 M 117,188 ( 2 ) A $ 0 140,950 D Class A Common Stock ( 1 ) 05/21/2024 M 574 ( 2 ) A $ 0 141,524 D Class A Common Stock ( 1 ) 05/21/2024 M 1,499 ( 2 ) A $ 0 143,023 D Class A Common Stock ( 1 ) 05/21/2024 M 1,576 ( 2 ) A $ 0 144,599 D Class A Common Stock ( 1 ) 05/21/2024 F 45,499 ( 3 ) D $ 0 99,100 D

Table II - Derivative S ecurities 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 ( 1 ) ( 4 ) 05/21/2024 M 6,666 ( 5 ) ( 6 ) Class A Common Stock 6,666 $ 0 13,334 D Restricted Stock Units ( 1 ) ( 4 ) 05/21/2024 M 117,188 ( 7 ) ( 6 ) Class A Common Stock 117,188 $ 0 351,562 D Restricted Stock Units ( 1 ) ( 4 ) 05/21/2024 M 574 ( 8 ) ( 6 ) Class A Common Stock 574 $ 0 1,148 D Restricted Stock Units ( 1 ) ( 4 ) 05/21/2024 M 1,499 ( 9 ) ( 6 ) Class A Common Stock 1,499 $ 0 2,249 D Restricted Stock Units ( 1 ) ( 4 ) 05/21/2024 M 1,576 ( 10 ) ( 6 ) Class A Common Stock 1,576 $ 0 3,152 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 05/23/2024 Signature of Reporting Person Date

Explanation of Responses:

( 1 )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. ( 2 )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. ( 3 )Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (2) refers. ( 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 )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. ( 6 )These RSUs do not expire; they either vest or are cancelled prior to the vesting date. ( 7 )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. ( 8 )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, Februar y, and May thereafter. ( 9 )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. ( 10 )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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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