Carter Paul Lee - 21 Jan 2023 Form 4 Insider Report for OVERSTOCK.COM, INC (BYON)

Role
CHIEF PEOPLE OFFICER
Signature
/s/ Allison Fletcher, Attorney-in-Fact
Issuer symbol
BYON
Transactions as of
21 Jan 2023
Net transactions value
-$28,967
Form type
4
Filing time
24 Jan 2023, 15:49:38 UTC
Previous filing
18 Feb 2022
Next filing
07 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSTK Common Stock Options Exercise $0.3 +3,000 +11% $0.000100* 29,535 21 Jan 2023 Direct F1
transaction OSTK Common Stock Tax liability $28,968 -1,353 -4.6% $21.41 28,182 21 Jan 2023 Direct
holding OSTK Common Stock 1,274 21 Jan 2023 Based on 1/19/23 401k Plan balance provided by Fidelity

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 OSTK Restricted Stock Units Options Exercise $0 -3,000 -15% $0.000000 16,667 21 Jan 2023 Common Stock 3,000 Direct F2
transaction OSTK Restricted Stock Units Award $0 +22,462 +135% $0.000000 39,129 23 Jan 2023 Common Stock 22,462 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 2,445 shares acquired in connection with the conversion of the Company's outstanding shares of Series A-1 and Series B Preferred Stock into shares of common stock, which was completed on June 10, 2022, (ii) 238 shares acquired under the Company's Employee Stock Purchase Plan on February 28, 2022, and (iii) 142 shares acquired under the Company's Employee Stock Purchase Plan on August 31, 2022.
F2 Each restricted stock unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The restricted stock units vest or have vested in three equal installments at the close of business on January 21, 2023, January 21, 2024, and January 21, 2025. Vested shares are delivered to the reporting person promptly after the restricted stock units vest. Amount shown does not include previously granted RSUs with different vesting schedules.
F3 Each restricted stock unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The restricted stock units vest in three equal installments at the close of business on January 23, 2024, January 23, 2025, and January 23, 2026. Vested shares are delivered to the reporting person promptly after the restricted stock units vest. Amount shown does not include previously granted RSUs with different vesting schedules.