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

Role
Title: Chief Legal Officer and Senior VP, Business Development.
Signature
/s/ Jonathan Gelfand
Stock symbol
BODY
Transactions as of
Jun 25, 2021
Transactions value $
$0
Form type
4
Date filed
6/30/2021, 03:59 PM
Next filing
Jul 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BODY CLASS A COMMON STOCK Award +83.6K 83.6K Jun 25, 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 +795K 795K Jun 25, 2021 CLASS A COMMON STOCK 795K $0.79 Direct F1, F2
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +318K 318K Jun 25, 2021 CLASS A COMMON STOCK 318K $1.58 Direct F1, F3
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +292K 292K Jun 25, 2021 CLASS A COMMON STOCK 292K $1.72 Direct F1, F4
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +84K 84K Jun 25, 2021 CLASS A COMMON STOCK 84K $1.70 Direct F1, F5
transaction BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award +118K 118K Jun 25, 2021 CLASS A COMMON STOCK 118K $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.