Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BYON | Performance Shares | Award | $0 | +50K | +50% | $0.00 | 150K | May 21, 2024 | Common Stock | 50K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each performance share represents a contingent right to receive one share of Beyond, Inc. common stock. |
F2 | The Performance Shares were granted on February 20, 2024 subject to shareholder approval, which shareholder approval was received on May 21, 2024. |
F3 | The Performance Shares will vest on the later of (1) the third-anniversary of the date the Performance Shares were granted subject to shareholder approval on February 20, 2024, or (2) the date the average per-share closing price of Beyond's common stock equals or exceeds $60.00 per share over any 20 consecutive trading day period during the three-year period following February 20, 2024, subject to continued service through the vesting date. Vested shares are delivered to the reporting person promptly after the performance shares vest. |