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

Signature
/s/ Kush Desai, Attorney-in-Fact for Mark R. Goldston
Issuer symbol
BODI
Transactions as of
15 Jun 2023
Net transactions value
$0
Form type
4
Filing time
20 Jun 2023, 17:58:43 UTC
Next filing
15 Nov 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 +7,961,088 $0.000000 7,961,088 15 Jun 2023 Class A Common Stock 7,961,088 $0.4403 Direct F1
transaction BODY Stock Option (Right to Buy Class A Common Stock) Award $0 +15,922,177 $0.000000 15,922,177 15 Jun 2023 Class A Common Stock 15,922,177 $0.4403 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.