Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BYND | Performance Stock Unit | Award | $0 | +111K | $0.00 | 111K | Mar 1, 2024 | Common Stock | 111K | Direct | F1, F2 | ||
transaction | BYND | Performance Stock Unit | Award | $0 | +103K | $0.00 | 103K | Mar 1, 2024 | Common Stock | 103K | Direct | F1, F2 | ||
transaction | BYND | Performance Stock Unit | Award | $0 | +98.2K | $0.00 | 98.2K | Mar 1, 2024 | Common Stock | 98.2K | Direct | F1, F2 |
Id | Content |
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F1 | Each performance stock unit ("PSU") represents a contingent right to receive one share of Common Stock issued under the 2018 Executive Incentive Plan. This PSU award will vest at the end of a one-year performance period based on the Company's total shareholder return ("TSR") for the performance period as compared to a peer group, with vesting at target equal to 50% of the total units subject to the PSU award, subject to the Reporting Person's continued service through the end of the applicable performance period and provided that vesting shall be subject to the acceleration provisions of an Executive Change in Control Severance Agreement by and between the Reporting Person and the Issuer. |
F2 | The original Form 4, filed on March 5, 2024, is being amended solely to reflect the correct number of derivative securities beneficially owned following the reported transaction which was incorrectly reported as the number of target shares instead of the total number of shares subject to the PSU award. Except as described in this footnote, there were no other changes to the original Form 4. |