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

Role
10%+ Owner
Signature
/s/ Zachary Tarica
Stock symbol
BODY
Transactions as of
Jun 25, 2021
Transactions value $
$8,000,000
Form type
4
Date filed
7/16/2021, 05:16 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BODY Class A Common Stock Options Exercise $0 +7.5M $0.00 7.5M Jun 25, 2021 see footnote F1, F3
transaction BODY Class A Common Stock Other $0 -7.5M -100% $0.00* 0 Jul 16, 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 -7.5M -100% $0.00* 0 Jun 25, 2021 Class A Common Stock 7.5M See footnote F1, F3
transaction BODY Warrant Award $8M +5.33M $1.50 5.33M Jun 25, 2021 Class A Common Stock 5.33M $11.50 See footnote F3, F4
transaction BODY Warrant Other $0 -5.33M -100% $0.00* 0 Jul 16, 2021 Class A Common Stock 5.33M $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.