VRABECK KATHY P - 15 Mar 2023 Form 4 Insider Report for Beachbody Company, Inc. (BODI)

Signature
/s/ Blake T. Bilstad, Attorney-in-Fact for Kathy P. Vrabeck
Issuer symbol
BODI
Transactions as of
15 Mar 2023
Net transactions value
-$69,287
Form type
4
Filing time
17 Mar 2023, 17:38:20 UTC
Previous filing
31 Jan 2023
Next filing
02 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BODY CLASS A COMMON STOCK Award $0 +329,066 +38% $0.000000 1,197,418 15 Mar 2023 Direct F1
transaction BODY CLASS A COMMON STOCK Award $0 +500,000 +42% $0.000000 1,697,418 15 Mar 2023 Direct F2
transaction BODY CLASS A COMMON STOCK Tax liability $69,287 -119,440 -7% $0.5801 1,577,978 15 Mar 2023 Direct

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 $0 +500,000 $0.000000 500,000 15 Mar 2023 CLASS A COMMON STOCK 500,000 $0.5801 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares granted in lieu of earned bonus. The Reporting Person has a requirement to hold the net-settled number of bonus shares until December 15, 2023.
F2 Represents a grant of restricted stock units ("RSUs") which convert into shares of Class A Common Stock on a one-for-one basis. The RSUs vest in increments of 25% per year on the first four anniversaries of the RSU grant date, subject to continued employment with the Company through the vest date.
F3 The stock options vest in increments of 25% per year on the first four anniversaries of the stock option grant date, subject to continued employment with the Company through the vest date.