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

Role
PRESIDENT, BEACHBODY
Signature
/s/ Kush Desai, Attorney-in-Fact for Michael Neimand
Issuer symbol
BODI
Transactions as of
14 Sep 2023
Net transactions value
$0
Form type
4
Filing time
18 Sep 2023, 17:51:04 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 -437,429 -100% 0 14 Sep 2023 Class A Common Stock 437,429 $1.72 Direct F1
transaction BODY Stock Option (Right to Buy Class A Common Stock) Award +437,429 437,429 14 Sep 2023 Class A Common Stock 437,429 $0.3470 Direct F1
transaction BODY Stock Option (Right to Buy Class A Common Stock) Disposed to Issuer -223,979 -100% 0 14 Sep 2023 Class A Common Stock 223,979 $3.10 Direct F1
transaction BODY Stock Option (Right to Buy Class A Common Stock) Award +223,979 223,979 14 Sep 2023 Class A Common Stock 223,979 $0.3470 Direct F1
transaction BODY Stock Option (Right to Buy Class A Common Stock) Disposed to Issuer -335,967 -100% 0 14 Sep 2023 Class A Common Stock 335,967 $2.26 Direct F1
transaction BODY Stock Option (Right to Buy Class A Common Stock) Award +335,967 335,967 14 Sep 2023 Class A Common Stock 335,967 $0.3470 Direct F1
transaction BODY Stock Option (Right to Buy Class A Common Stock) Disposed to Issuer -167,983 -100% 0 14 Sep 2023 Class A Common Stock 167,983 $2.47 Direct F1, F2
transaction BODY Stock Option (Right to Buy Class A Common Stock) Award +167,983 167,983 14 Sep 2023 Class A Common Stock 167,983 $0.3470 Direct F1, F2
transaction BODY Stock Option (Right to Buy Class A Common Stock) Disposed to Issuer -335,967 -100% 0 14 Sep 2023 Class A Common Stock 335,967 $9.94 Direct F1, F3
transaction BODY Stock Option (Right to Buy Class A Common Stock) Award +335,967 335,967 14 Sep 2023 Class A Common Stock 335,967 $0.3470 Direct F1, F3
transaction BODY Stock Option (Right to Buy Class A Common Stock) Disposed to Issuer -250,000 -100% 0 14 Sep 2023 Class A Common Stock 250,000 $1.09 Direct F1, F4
transaction BODY Stock Option (Right to Buy Class A Common Stock) Award +250,000 250,000 14 Sep 2023 Class A Common Stock 250,000 $0.3470 Direct F1, F4
* 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 20% annually from December 14, 2018, subject to continued employment with the Company through the vest date.
F3 The stock options vest in increments of 25% annually from July 2, 2021, subject to continued employment with the Company through the vest date.
F4 The stock options vest in increments of 25% annually from May 15, 2022, subject to continued employment with the Company through the vest date.