Robert K. Gifford - Jun 25, 2021 Form 4 Insider Report for Forest Road Acquisition Corp. (BODY)

Role
PRESIDENT & CHIEF OPERATING OFFICER
Signature
/s/ Jonathan Gelfand, Attorney-in-Fact for Robert Gifford
Stock symbol
BODY
Transactions as of
Jun 25, 2021
Transactions value $
$0
Form type
4
Date filed
6/30/2021, 03:55 PM
Previous filing
May 14, 2021
Next filing
Jul 7, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +1.68M 1.68M Jun 25, 2021 CLASS A COMMON STOCK 1.68M $2.26 Direct F1, F2
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +168K 168K Jun 25, 2021 CLASS A COMMON STOCK 168K $2.52 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.

Remarks:

PRESIDENT & CHIEF OPERATING OFFICER