Dariush Ajami - Feb 28, 2023 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
Feb 28, 2023
Transactions value $
-$38,088
Form type
4
Date filed
3/2/2023, 06:50 PM
Previous filing
Dec 14, 2022
Next filing
Mar 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYND Common Stock Award $0 +56.1K +71.16% $0.00 135K Feb 28, 2023 Direct F1
transaction BYND Common Stock Tax liability -$38.1K -2.14K -1.58% $17.84 133K Feb 28, 2023 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 +93.3K $0.00 93.3K Feb 28, 2023 Common Stock 93.3K $17.84 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 February 28, 2023; 1/4th of the total number of shares subject to the RSU award vests on February 28, 2024 and 1/16th of the total number of shares subject to the RSU award vests each quarter thereafter, until the award is fully vested on February 28, 2027, 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 February 28, 2023; 1/4th of the total number of shares subject to the option award vests and becomes exercisable on February 28, 2024, and 1/48th of the total number of shares subject to the option award vests and becomes exercisable monthly thereafter, such that the option is fully vested and exercisable on February 28, 2027, 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.