Barbara Messing - 04 Aug 2023 Form 4 Insider Report for OVERSTOCK.COM, INC (BYON)

Role: Director
Signature: /s/ Allison Fletcher, Attorney-in-Fact
Issuer symbol: BYON
Transactions as of: 04 Aug 2023
Net transactions value: -$19,790
Form type: 4
Filing time: 07 Aug 2023, 20:13:48 UTC
Previous filing: 13 Jul 2023
Next filing: 22 Aug 2023
SEC: View on sec.gov

Key filing fact

Barbara Messing filed Form 4 for OVERSTOCK.COM, INC (BYON) on 07 Aug 2023.

Key facts

This page summarizes Barbara Messing's Form 4 filing for OVERSTOCK.COM, INC (BYON).
3 reported transactions and 1 derivative row are listed below.
Filing timestamp: 07 Aug 2023, 20:13.

Change

Previous filing in this sequence was filed on 13 Jul 2023.
Current net transaction value: -$19,790.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

OSTK transaction

Common Stock

Options Exercise

Transaction value: $0.1315
Shares: +1,315
Change %: +27%
Price: $0.000100^*
Shares after: 6,227
Date: 04 Aug 2023
Ownership: Direct

OSTK transaction

Common Stock

Sale

Transaction value: $19,791
Shares: -592
Change %: -9.5%
Price: $33.43
Shares after: 5,635
Date: 07 Aug 2023
Ownership: Direct
Footnotes: F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

OSTK transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,315
Change %: -26%
Price: $0.000000
Shares after: 3,667
Date: 04 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,315
Exercise price
Footnotes: F3

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The sale reported in this Form 4 was effected pursuant to the Rule 10b5-1 trading plan adopted by reporting person on November 30, 2022.
F2	$33.43 is the weighted average sale price for the 592 shares sold August 7, 2023. The shares were sold in multiple transactions at prices ranging from $33.15 to $33.85 per share, inclusive. The reporting person will provide, upon request by the SEC staff, the issuer, or any security holder of he issuer, full information regarding the number of shares sold at each separate price.
F3	Each restricted stock unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The restricted stock units have vested in three equal installments at the close of business on August 4, 2021, August 4, 2022, and August 4, 2023. 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.