Dariush Ajami - Dec 13, 2021 Form 4 Insider Report for BEYOND MEAT, INC. (BYND)

Role
Chief Innovation Officer
Signature
/s/ Teri L. Witteman, Attorney-In-Fact for Dariush Ajami
Stock symbol
BYND
Transactions as of
Dec 13, 2021
Transactions value $
-$14,016
Form type
4
Date filed
12/14/2021, 08:12 PM
Previous filing
Dec 6, 2021
Next filing
Jan 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYND Common Stock Award $0 +552 +0.94% $0.00 59.6K Dec 13, 2021 Direct F1
transaction BYND Common Stock Tax liability -$14K -221 -0.37% $63.42 59.3K Dec 13, 2021 Direct F2

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 +1.1K $0.00 1.1K Dec 13, 2021 Common Stock 1.1K $63.42 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Shares withheld to pay taxes applicable to vesting of restricted stock units previously awarded pursuant to the Plan.
F3 Stock option granted under the Plan on December 13, 2021; the option vests and becomes exercisable as to 1/4th of the total number of 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.