Ethan Brown - Mar 1, 2024 Form 4/A Insider Report for BEYOND MEAT, INC. (BYND)

Role
President, Chief Exec. Officer, Director
Signature
/s/ Teri L. Witteman, as Attorney-In-Fact for Ethan Brown
Stock symbol
BYND
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4/A
Date filed
5/22/2024, 08:58 PM
Date Of Original Report
Mar 5, 2024
Previous filing
Mar 4, 2024
Next filing
Mar 14, 2024

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 Performance Stock Unit Award $0 +111K $0.00 111K Mar 1, 2024 Common Stock 111K Direct F1, F2, F3
transaction BYND Performance Stock Unit Award $0 +103K $0.00 103K Mar 1, 2024 Common Stock 103K Direct F1, F3, F4
transaction BYND Performance Stock Unit Award $0 +98.2K $0.00 98.2K Mar 1, 2024 Common Stock 98.2K Direct F1, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance stock unit ("PSU") represents a contingent right to receive one share of Common Stock issued under the 2018 Equity Incentive Plan. This PSU award will vest at the end of the applicable 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 This PSU award will vest based on a one-year performance period.
F3 The original Form 4 filed on March 5, 2024 is being amended solely to clarify the vesting terms, and to reflect the correct expiration date, applicable to each PSU award. Except as described in this footnote, there were no other changes to the original Form 4 as amended by the Form 4 filed on March 8, 2024.
F4 This PSU award will vest based on a two-year performance period.
F5 This PSU award will vest based on a three-year performance period.