Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BYON | Performance Shares | Award | $0 | +100K | $0.00 | 100K | Feb 20, 2024 | Common Stock | 100K | Direct | F1, F2 |
Id | Content |
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F1 | Each performance share represents a contingent right to receive one share of Beyond, Inc. common stock. |
F2 | One-half will vest on the later of (l) the first anniversary of the grant date or (2) the date the average per-share closing price of Beyond's common stock equals or exceeds $40.00 per share over any 20 consecutive trading day period during the three-year period following the grant date, subject to continued service through the vesting date. One-half will vest on the later of (1) the second anniversary of the grant date or (2) the date the average per-share closing price of Beyond's common stock equals or exceeds $50.00 per share over any 20 consecutive trading day period during the three-year period following the grant date, subject to continued service through the vesting date. Vested shares are delivered to the reporting person promptly after the performance shares vest. |