4//SEC Filing
GOLDSTON MARK R 4
Accession 0000950170-24-127712
CIK 0001826889other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 5:52 PM ET
Size
11.2 KB
Accession
0000950170-24-127712
Insider Transaction Report
Form 4
GOLDSTON MARK R
DirectorExecutive Chairman
Transactions
- Disposition to Issuer
Stock Option (Right to Buy Class A Common Stock)
2024-11-13−318,440→ 0 totalExercise: $22.02Exp: 2033-06-14→ Class A Common Stock (318,440 underlying) - Disposition to Issuer
Stock Option (Right to Buy Class A Common Stock)
2024-11-13−159,221→ 0 totalExercise: $22.02Exp: 2033-06-14→ Class A Common Stock (159,221 underlying) - Award
Stock Option (Right to Buy Class A Common Stock)
2024-11-13+477,661→ 477,661 totalExercise: $6.43Exp: 2033-06-14→ Class A Common Stock (477,661 underlying)
Footnotes (4)
- [F1]Represents a modification by the Company's board on September 19, 2024 of a portion of the stock option previously granted on June 15, 2023 to convert the option from vesting based on achieving specified stock price goals to time-based vesting commencing with the June 15, 2023 original grant date, subject to continued service with the Company on the applicable vesting dates, effective as of November 13, 2024.
- [F2]Represents a modification by the Company's board on September 19, 2024 of the stock option previously granted on June 15, 2023 to reprice the option exercise price, reflected herein as a cancellation of the old option with an exercise price of $22.02 in exchange for a new option with an exercise price of $6.43, based on the closing price of the Company's common stock on the November 13, 2024 effective date of the repricing.
- [F3]Reflects the total number of shares subject to the option and the exercise price after giving effect to the Company's 1-for-50 reverse stock split effective on November 21, 2023.
- [F4]The option vests and becomes exercisable with respect to 25% of the shares subject to the option on each of the first four anniversaries of June 15, 2023, subject to the Reporting Person's continued service with the Company through the applicable vesting date.
Documents
Issuer
Beachbody Company, Inc.
CIK 0001826889
Entity typeother
Related Parties
1- filerCIK 0001230439
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 5:52 PM ET
- Size
- 11.2 KB