Van de Bunt Bennet 4
4 · Forest Road Acquisition Corp. · Filed Jun 30, 2021
Insider Transaction Report
Form 4
Van de Bunt Bennet
Director
Transactions
- Award
OPTION (RIGHT TO BUY CLASS A COMMON STOCK)
2021-06-25+167,983→ 167,983 totalExercise: $2.47Exp: 2029-02-28→ CLASS A COMMON STOCK (167,983 underlying)
Footnotes (2)
- [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 1, 2019 (the "Vesting Commencement), which vest 50% immediately and 10% on the first, second, third, fourth and fifth anniversaries of Vesting Commencement, subject to continued employment through the vest date.