Gifford Robert K 4
4 · Forest Road Acquisition Corp. · Filed Jun 30, 2021
Insider Transaction Report
Form 4
Gifford Robert K
SEE REMARKS
Transactions
- Award
OPTION (RIGHT TO BUY CLASS A COMMON STOCK)
2021-06-25+167,983→ 167,983 totalExercise: $2.52Exp: 2030-06-15→ CLASS A COMMON STOCK (167,983 underlying) - Award
OPTION (RIGHT TO BUY CLASS A COMMON STOCK)
2021-06-25+1,679,837→ 1,679,837 totalExercise: $2.26Exp: 2027-03-05→ CLASS A COMMON STOCK (1,679,837 underlying)
Footnotes (3)
- [F1]Represents the issuance of the Issuer's securities in exchange for securities of The Beachbody Company Group. LLC ("BB") pursuant to that certain Agreement and Plan of Merger, dated as of February 9, 2021, by and among Forest Road Acquisition Corp., BB Merger Sub, LLC, MFH Merger Sub, LLC, The Beachbody Company Group, LLC, and Myx Fitness Holdings, LLC (the "Transaction").
- [F2]Represents stock options issued in the Transaction in exchange for BB stock options granted on March 6, 2017 (the "Vesting Commencement"), which vest 20% on first 5 anniversaries of Vesting Commencement, subject to continued employment through the vest date.
- [F3]Represents stock options issued in the Transaction in exchange for BB stock options granted on June 16, 2020 (the Vesting Commencement"), which vest 25% on first 4 anniversaries of Vesting Commencement, subject to continued employment through the vest date.