VRABECK KATHY P - 14 Sep 2023 Form 4 Insider Report for Beachbody Company, Inc. (BODI)

Signature
/s/ Kush Desai, Attorney-in-Fact for Kathy P. Vrabeck
Issuer symbol
BODI
Transactions as of
14 Sep 2023
Net transactions value
$0
Form type
4
Filing time
18 Sep 2023, 17:51:43 UTC
Previous filing
01 Aug 2023
Next filing
27 Sep 2023

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 -231,535 -100% 0 14 Sep 2023 Class A Common Stock 231,535 $9.94 Direct F1, F2
transaction BODY Stock Option (Right to Buy Class A Common Stock) Award +231,535 231,535 14 Sep 2023 Class A Common Stock 231,535 $0.3470 Direct F1, F2
transaction BODY Stock Option (Right to Buy Class A Common Stock) Disposed to Issuer -500,000 -100% 0 14 Sep 2023 Class A Common Stock 500,000 $1.83 Direct F1, F3
transaction BODY Stock Option (Right to Buy Class A Common Stock) Award +500,000 500,000 14 Sep 2023 Class A Common Stock 500,000 $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 25% annually from April 26, 2021, subject to continued employment with the Company through the vest date.
F3 The stock options vest in increments of 25% annually from April 18, 2022, 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.