Bennet Van de Bunt - 25 Jun 2021 Form 4 Insider Report for Forest Road Acquisition Corp. (BODI)

Role
Director
Signature
/s/ Jonathan Gelfand, Attorney-in-Fact for Ben Van de Bunt
Issuer symbol
BODI
Transactions as of
25 Jun 2021
Net transactions value
$0
Form type
4
Filing time
30 Jun 2021, 15:57:18 UTC
Next filing
31 Aug 2021
SEC
View on sec.gov

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 +167,983 167,983 25 Jun 2021 CLASS A COMMON STOCK 167,983 $2.47 Direct F1, F2
* 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 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.