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

Role
PRESIDENT, BEACHBODY
Signature
/s/ Jonathan Gelfand, Attorney-in-Fact for Michael Neimand
Issuer symbol
BODI
Transactions as of
25 Jun 2021
Net transactions value
$0
Form type
4
Filing time
30 Jun 2021, 15:57:58 UTC
Next filing
06 Jul 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 +158,932 158,932 25 Jun 2021 CLASS A COMMON STOCK 158,932 $1.58 Direct F1, F2
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +583,239 583,239 25 Jun 2021 CLASS A COMMON STOCK 583,239 $1.72 Direct F1, F3
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +437,429 437,429 25 Jun 2021 CLASS A COMMON STOCK 437,429 $1.72 Direct F1, F4
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +223,979 223,979 25 Jun 2021 CLASS A COMMON STOCK 223,979 $3.10 Direct F1, F5
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +335,967 335,967 25 Jun 2021 CLASS A COMMON STOCK 335,967 $2.26 Direct F1, F6
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, 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.