Neimand Michael 4
4 · Beachbody Company, Inc. · Filed Mar 17, 2023
Insider Transaction Report
Form 4
Neimand Michael
PRESIDENT, BEACHBODY
Transactions
- Award
CLASS A COMMON STOCK
2023-03-15+316,053→ 316,053 total - Award
CLASS A COMMON STOCK
2023-03-15+500,000→ 816,053 total - Tax Payment
CLASS A COMMON STOCK
2023-03-15$0.58/sh−114,367$66,344→ 701,686 total - Award
OPTION (RIGHT TO BUY CLASS A COMMON STOCK)
2023-03-15+500,000→ 500,000 totalExercise: $0.58Exp: 2033-03-15→ CLASS A COMMON STOCK (500,000 underlying)
Footnotes (3)
- [F1]Represents shares granted in lieu of earned bonus. The Reporting Person has a requirement to hold the net-settled number of bonus shares until December 15, 2023.
- [F2]Represents a grant of restricted stock units ("RSUs") which convert into shares of Class A Common Stock on a one-for-one basis. The RSUs vest in increments of 25% per year on the first four anniversaries of the RSU grant date, subject to continued employment with the Company through the vest date.
- [F3]The stock options vest in increments of 25% per year on the first four anniversaries of the stock option grant date, subject to continued employment with the Company through the vest date.