Dariush Ajami - Feb 29, 2024 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 29, 2024
Transactions value $
-$57,598
Form type
4
Date filed
3/4/2024, 08:04 PM
Previous filing
Oct 16, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYND Common Stock Tax liability -$57.6K -5.39K -4.15% $10.69 124K Feb 29, 2024 Direct F1
transaction BYND Common Stock Award $0 +79.3K +63.79% $0.00 204K Mar 1, 2024 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 +132K $0.00 132K Mar 1, 2024 Common Stock 132K $9.77 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to pay taxes applicable to vesting of restricted stock units ("RSU") previously awarded pursuant to the 2018 Equity Incentive Plan ("Plan").
F2 RSUs granted under the Plan on March 1, 2024; 1/4th of the total number of shares subject to the RSU award vests on March 1, 2025, 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 March 1, 2028, 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 Stock option granted under the Plan on March 1, 2024; 1/4th of the total number of shares subject to the option award vests and becomes exercisable on March 1, 2025, and 1/48th of the total number of shares subject to the option award vests and becomes exercisable monthly thereafter, such that the option becomes fully vested and exercisable on March 1, 2028, 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.