Key facts
- This page summarizes Marcus Lemonis's Form 4 filing for BEYOND, INC. (BYON).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 23 May 2024, 20:28.
Marcus Lemonis - 21 May 2024 Form 4 Insider Report for BEYOND, INC. (BYON)
- Reporting relationship
- EXECUTIVE CHAIRMAN OF BOARD, Director
- Issuer ticker
- BYON
- Reported as of
- 21 May 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 23 May 2024, 20:28:31 UTC
- Prior SEC filing
- 19 Mar 2024
- Next SEC filing
- 06 Jun 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Allison Fletcher, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Marcus Lemonis filed Form 4 for BEYOND, INC. (BYON) on 23 May 2024.
Change
- Previous filing in this sequence was filed on 19 Mar 2024.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BYON
transaction
Derivative
Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +500,000
- Change %
- Price
- $0.000000
- Shares after
- 500,000
- Date
- 21 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 500,000
- Exercise price
- $45.00
- Footnotes
- F1, F2, F3
BYON
transaction
Derivative
Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +750,000
- Change %
- Price
- $0.000000
- Shares after
- 750,000
- Date
- 21 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 750,000
- Exercise price
- $50.00
- Footnotes
- F1, F2, F4
BYON
transaction
Derivative
Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +1,000,000
- Change %
- Price
- $0.000000
- Shares after
- 1,000,000
- Date
- 21 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,000,000
- Exercise price
- $60.00
- Footnotes
- F1, F2, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
The Reporting Person was granted a nonstatutory stock option on February 20, 2024 (the "Grant Date") subject to stockholder approval, which stockholder approval was received on May 21, 2024 ("Performance Award").
Footnote F2
The Performance Award consists of 3 separate tranches that vest only if certain pre-established stock price milestones (each a "Stock Price Hurdle") are achieved and Reporting Person satisfies the corresponding service-based requirement. Vesting eligibility is contingent on Reporting Person being either the Executive Chairman or Chairman of the Company's board of directors ("Board"), or such other position the Board deems a qualifying position for the Performance Award ("Qualifying Position") through the applicable vest date. For any Stock Price Hurdle to be achieved, the average per-share closing price of the Company's common stock over any 20 consecutive trading day period during the specified performance period must be equal or greater than such Stock Price Hurdle. If the Stock Price Hurdle is not achieved for any tranche during the applicable performance period, the shares underlying the corresponding tranche of the Performance Award will be immediately forfeited.
Footnote F3
The first tranche of 500,000 options vests in full upon the achievement of the Stock Price Hurdle of $45.00 during the period beginning on the Grant Date and ending on February 20, 2026, but in no event prior to February 20, 2025, subject to the Reporting Person's continued service in a Qualifying Position through the vesting date (except in the event of certain terminations).
Footnote F4
The second tranche of 750,000 options vests in full upon the achievement of the Stock Price Hurdle of $50.00 during the period beginning on the Grant Date and ending on February 20, 2027, but in no event prior to February 20, 2026, subject to the Reporting Person's continued service in a Qualifying Position through the vesting date (except in the event of certain terminations).
Footnote F5
The third tranche of 1,000,000 options vests in full upon the achievement of the Stock Price Hurdle of $60.00 during the period beginning on the Grant Date and ending on February 20, 2028, but in no event prior to February 20, 2027, subject to the Reporting Person's continued service in a Qualifying Position through the vesting date (except in the event of certain terminations).