Michael Neimand - Jun 25, 2021 Form 4 Insider Report for Forest Road Acquisition Corp. (BODY)

Signature
/s/ Jonathan Gelfand, Attorney-in-Fact for Michael Neimand
Stock symbol
BODY
Transactions as of
Jun 25, 2021
Transactions value $
$0
Form type
4
Date filed
6/30/2021, 03:57 PM
Next filing
Jul 6, 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 +159K 159K Jun 25, 2021 CLASS A COMMON STOCK 159K $1.58 Direct F1, F2
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +583K 583K Jun 25, 2021 CLASS A COMMON STOCK 583K $1.72 Direct F1, F3
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +437K 437K Jun 25, 2021 CLASS A COMMON STOCK 437K $1.72 Direct F1, F4
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +224K 224K Jun 25, 2021 CLASS A COMMON STOCK 224K $3.10 Direct F1, F5
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +336K 336K Jun 25, 2021 CLASS A COMMON STOCK 336K $2.26 Direct F1, F6
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +168K 168K Jun 25, 2021 CLASS A COMMON STOCK 168K $2.47 Direct F1, F7
* 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 October 28, 2013, which vest 25 % on April 1, 2013 (the "Vesting Commencement") and vest 25% on the first 3 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 October 28, 2013, which vest 20% on the first 5 anniversaries of October 1, 2013, subject to continued employment through the vest date.
F4 Represents stock options issued in the Transaction in exchange for BB stock options granted September 30, 2014 (the "Vesting Commencement"), which vest 20% on first 5 anniversaries of Vesting Commencement, subject to continued employment through the vest date.
F5 Represents stock options issued in the Transaction in exchange for BB stock options granted March 28, 2016 (the "Vesting Commencement"), which vest 20% on the first 5 anniversaries of the Vesting Commencement.
F6 Represents stock options issued in the Transaction in exchange for BB stock options granted August 1, 2017 (the "Vesting Commencement"), which vest 20% immediately and vest 20% on the first four anniversaries of the Vesting Commencement.
F7 Represents stock options issued in the Transaction in exchange for BB stock options granted May 6, 2019, which vest 20% on first five anniversaries of December 14, 2018, subject to continued employment through the vest date.