Marc Suidan - 14 Sep 2023 Form 4 Insider Report for Beachbody Company, Inc. (BODI)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Kush Desai, Attorney-in-Fact for Marc Suidan
Issuer symbol
BODI
Transactions as of
14 Sep 2023
Net transactions value
$0
Form type
4
Filing time
18 Sep 2023, 17:47:44 UTC
Previous filing
17 Mar 2023
Next filing
19 Mar 2024
SEC
View on sec.gov

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) Disposed to Issuer -1,027,312 -100% 0 14 Sep 2023 Class A Common Stock 1,027,312 $1.83 Direct F1, F2
transaction BODY Stock Option (Right to Buy Class A Common Stock) Award +1,027,312 1,027,312 14 Sep 2023 Class A Common Stock 1,027,312 $0.3470 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents transactions in a stock option repricing wherein certain existing stock options were canceled in exchange for a new option with an exercise price of $0.347, representing the closing price on the date of the repricing.
F2 The stock options vest in increments of 25% annually from April 18, 2022, subject to continued employment with the Company through the vest date.