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

Role
Title: Chief Legal Officer and Senior VP, Business Development.
Signature
/s/ Jonathan Gelfand
Issuer symbol
BODI
Transactions as of
25 Jun 2021
Net transactions value
$0
Form type
4
Filing time
30 Jun 2021, 15:59:31 UTC
Next filing
06 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BODY CLASS A COMMON STOCK Award +83,637 83,637 25 Jun 2021 Direct F1

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 +794,677 794,677 25 Jun 2021 CLASS A COMMON STOCK 794,677 $0.7900 Direct F1, F2
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +317,868 317,868 25 Jun 2021 CLASS A COMMON STOCK 317,868 $1.58 Direct F1, F3
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +291,619 291,619 25 Jun 2021 CLASS A COMMON STOCK 291,619 $1.72 Direct F1, F4
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +83,991 83,991 25 Jun 2021 CLASS A COMMON STOCK 83,991 $1.70 Direct F1, F5
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +117,588 117,588 25 Jun 2021 CLASS A COMMON STOCK 117,588 $2.52 Direct F1, F6
* 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 1, 2011, which vest 25 % immediately on August 1, 2011 (the "Vesting Commencement") and vest 12.5% quarterly thereafter, 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 25 % immediately 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.
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 the first 5 anniversaries of the Vesting Commencement.
F5 Represents stock options issued in the Transaction in exchange for BB stock options granted March 1, 2018 (the "Vesting Commencement"), which vest 25% on the first 4 anniversaries of the Vesting Commencement.
F6 Represents stock options issued in the Transaction in exchange for BB stock options granted June 16, 2020 (the "Vesting Commencement"), which vest 25% on the first 4 anniversaries of the Vesting Commencement.

Remarks:

Title: Chief Legal Officer and Senior VP, Business Development.