Teri L. Witteman - Dec 10, 2021 Form 4 Insider Report for BEYOND MEAT, INC. (BYND)

Role
Chief Legal Officer, Secretary
Signature
/s/ Teri L. Witteman
Stock symbol
BYND
Transactions as of
Dec 10, 2021
Transactions value $
-$513,403
Form type
4
Date filed
12/14/2021, 08:12 PM
Previous filing
Dec 6, 2021
Next filing
Jan 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYND Common Stock Sale -$506K -7.88K -19.41% $64.26 32.7K Dec 10, 2021 Direct F1
transaction BYND Common Stock Award $0 +442 +1.35% $0.00 33.2K Dec 13, 2021 Direct F2
transaction BYND Common Stock Tax liability -$7.04K -111 -0.33% $63.42 33K Dec 13, 2021 Direct F3

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 BYND Stock Option (right to buy) Award $0 +884 $0.00 884 Dec 13, 2021 Common Stock 884 $63.42 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $64.15 to $64.33. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 Restricted stock units ("RSU") granted under the 2018 Equity Incentive Plan ("Plan") on December 13, 2021; 1/4th of the total number of shares subject to the RSU award vests on June 13, 2022, and 1/4th of the total number of shares vests every six months thereafter, until the award is fully vested on December 13, 2023, subject to the acceleration provisions of an Executive Change in Control Severance Agreement by and between the Reporting Person and the Issuer, and continued service by the Reporting Person.
F3 Shares withheld to pay taxes applicable to vesting of restricted stock units previously awarded pursuant to the Plan.
F4 Stock option granted under the Plan on December 13, 2021; the option vests and becomes exercisable as to 1/4th of the total shares on June 13, 2022, and 1/4th of the total number of shares vests and becomes exercisable every six months thereafter such that the option becomes fully vested and exercisable on December 13, 2023, subject to the acceleration provisions of an Executive Change in Control Severance Agreement by and between the Reporting Person and the Issuer, and continued service by the Reporting Person.