Mark R. Goldston - Jun 15, 2023 Form 4 Insider Report for Beachbody Company, Inc. (BODY)

Signature
/s/ Kush Desai, Attorney-in-Fact for Mark R. Goldston
Stock symbol
BODY
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/20/2023, 05:58 PM
Next filing
Nov 15, 2024

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 Stock Option (Right to Buy Class A Common Stock) Award $0 +7.96M $0.00 7.96M Jun 15, 2023 Class A Common Stock 7.96M $0.44 Direct F1
transaction BODY Stock Option (Right to Buy Class A Common Stock) Award $0 +15.9M $0.00 15.9M Jun 15, 2023 Class A Common Stock 15.9M $0.44 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents time-based stock options that will vest and become exercisable with respect to 25% of the shares subject to the option on each of the first four anniversaries of June 15, 2023, subject to the Reporting Person's continued service with the Company through the applicable vesting date.
F2 Represents performance-based stock options that may be earned in four separate tranches based on the achievement of pre-determined per share stock price goals for each tranche. The earned performance-based options will vest and become exercisable as of the later of (i) June 15, 2024 and (ii) the date on which the applicable price per share goal is achieved, subject to the Reporting Person's continued service with the Company through such date.