Adrianne Lee - 20 Feb 2024 Form 4 Insider Report for BEYOND, INC. (BYON)

Signature
/s/ Allison Fletcher, Attorney-in-Fact
Issuer symbol
BYON
Transactions as of
20 Feb 2024
Net transactions value
$0
Form type
4
Filing time
22 Feb 2024, 18:41:55 UTC
Previous filing
06 Feb 2024
Next filing
10 May 2024

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 BYON Performance Shares Award $0 +90,000 $0.000000 90,000 20 Feb 2024 Common Stock 90,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share represents a contingent right to receive one share of Beyond, Inc. common stock.
F2 One-third will vest on the later of (1) first anniversary of grant date or (2) the date the average per-share closing price of Beyond's common stock equals or exceeds $40 per share over any 20 consecutive trading day period during 3-year period following the grant date, subject to continued service through vesting date. One-third will vest on the later of (1) second anniversary of grant date or (2) the date the average per-share closing price of Beyond's common stock equals or exceeds $50 per share over any 20 consecutive trading day period during 3-year period following the grant date, subject to continued service through vesting date. One-third will vest on the later of (1) third anniversary of grant date or (2) the date the average per-share closing price of Beyond's common stock equals or exceeds $60 per share over any 20 consecutive trading day period, subject to continued service through vesting date. Vested shares are delivered to reporting person promptly after shares vest.