Carter Paul Lee - 21 Jan 2023 Form 4 Insider Report for OVERSTOCK.COM, INC (BYON)

Reporting relationship: CHIEF PEOPLE OFFICER
Issuer ticker: BYON
Reported as of: 21 Jan 2023
Net transaction value: -$28,967
SEC form: 4
Accepted by SEC: 24 Jan 2023, 15:49:38 UTC
Prior SEC filing: 18 Feb 2022
Next SEC filing: 07 Feb 2023
Source filing: View source filing
Reporting owner signature: /s/ Allison Fletcher, Attorney-in-Fact

Key filing fact

Carter Paul Lee filed Form 4 for OVERSTOCK.COM, INC (BYON) on 24 Jan 2023.

Key facts

This page summarizes Carter Paul Lee's Form 4 filing for OVERSTOCK.COM, INC (BYON).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 24 Jan 2023, 15:49.

Change

Previous filing in this sequence was filed on 18 Feb 2022.
Current net transaction value: -$28,967.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OSTK transaction

Common Stock

Options Exercise

Transaction value: $0.3
Shares: +3,000
Change %: +11%
Price: $0.000100^*
Shares after: 29,535
Date: 21 Jan 2023
Ownership: Direct
Footnotes: F1

OSTK transaction

Common Stock

Tax liability

Transaction value: $28,968
Shares: -1,353
Change %: -4.6%
Price: $21.41
Shares after: 28,182
Date: 21 Jan 2023
Ownership: Direct

OSTK holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,274
Date: 21 Jan 2023
Ownership: Based on 1/19/23 401k Plan balance provided by Fidelity

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OSTK transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -3,000
Change %: -15%
Price: $0.000000
Shares after: 16,667
Date: 21 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,000
Exercise price
Footnotes: F2

OSTK transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +22,462
Change %: +135%
Price: $0.000000
Shares after: 39,129
Date: 23 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 22,462
Exercise price
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Includes (i) 2,445 shares acquired in connection with the conversion of the Company's outstanding shares of Series A-1 and Series B Preferred Stock into shares of common stock, which was completed on June 10, 2022, (ii) 238 shares acquired under the Company's Employee Stock Purchase Plan on February 28, 2022, and (iii) 142 shares acquired under the Company's Employee Stock Purchase Plan on August 31, 2022.

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The restricted stock units vest or have vested in three equal installments at the close of business on January 21, 2023, January 21, 2024, and January 21, 2025. Vested shares are delivered to the reporting person promptly after the restricted stock units vest. Amount shown does not include previously granted RSUs with different vesting schedules.

Footnote F3

Each restricted stock unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The restricted stock units vest in three equal installments at the close of business on January 23, 2024, January 23, 2025, and January 23, 2026. Vested shares are delivered to the reporting person promptly after the restricted stock units vest. Amount shown does not include previously granted RSUs with different vesting schedules.