Zachary Tarica - 25 Jun 2021 Form 4 Insider Report for Beachbody Company, Inc. (BODI)

Role: 10%+ Owner
Signature: /s/ Zachary Tarica
Issuer symbol: BODI
Transactions as of: 25 Jun 2021
Net transactions value: +$8,000,000
Form type: 4
Filing time: 16 Jul 2021, 17:16:20 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BODY	Class A Common Stock	Options Exercise	$0	+7,500,000		$0.000000	7,500,000	25 Jun 2021	see footnote	F1, F3
transaction	BODY	Class A Common Stock	Other	$0	-7,500,000	-100%	$0.000000^*	0	16 Jul 2021	see footnote	F2, F3

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	Class B Common Stock	Options Exercise	$0	-7,500,000	-100%	$0.000000^*	0	25 Jun 2021	Class A Common Stock	7,500,000		See footnote	F1, F3
transaction	BODY	Warrant	Award	$8,000,000	+5,333,333		$1.50	5,333,333	25 Jun 2021	Class A Common Stock	5,333,333	$11.50	See footnote	F3, F4
transaction	BODY	Warrant	Other	$0	-5,333,333	-100%	$0.000000^*	0	16 Jul 2021	Class A Common Stock	5,333,333	$11.50	See footnote	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As described in the registrant's registration statement on Form S-1 (File No. 333-249385) under the heading "Description of Securities-Founder Shares," the shares of Class B common stock were automatically converted into shares of Class A common stock at the time of the registrant's initial business combination on a one-for-one basis, and have no expiration date.
F2	Represents the pro rata distribution of the shares of Class A common stock and warrants of the registrant held by Forest Road Acquisition Sponsor LLC (the "Sponsor") to its members or their permitted transferees.
F3	The Forest Road Company, LLC is the managing member of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor. Zachary Tarica is the Chief Executive Officer of The Forest Road Company, LLC. By virtue of these relationships, Mr. Tarica may be deemed to have beneficial ownership of the securities held by the Sponsor. Each such person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
F4	The Sponsor acquired these warrants for a purchase price of $1.50 per warrant in connection with the IPO. The warrants could only become eligible for exercise upon consummation of the registrant's initial business combination. Since the exercise of the warrants was contingent upon the closing of the business combination, these warrants were not reported at the time of acquisition. The acquisition is being reported now in connection with the consummation of the registrant's initial business combination.