Michael Neimand - 15 Mar 2023 Form 4 Insider Report for Beachbody Company, Inc. (BODY)

Signature
/s/ Blake T. Bilstad, Attorney-in-Fact for Michael Neimand
Issuer symbol
BODY
Transactions as of
15 Mar 2023
Transactions value $
-$66,344
Form type
4
Date filed
17 Mar 2023, 17:43
Previous filing
17 May 2022
Next filing
18 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BODY CLASS A COMMON STOCK Award $0 +316K $0.00 316K 15 Mar 2023 Direct F1
transaction BODY CLASS A COMMON STOCK Award $0 +500K +158.2% $0.00 816K 15 Mar 2023 Direct F2
transaction BODY CLASS A COMMON STOCK Tax liability -$66.3K -114K -14.01% $0.58 702K 15 Mar 2023 Direct

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 BODY OPTION (RIGHT TO BUY CLASS A COMMON STOCK) Award $0 +500K $0.00 500K 15 Mar 2023 CLASS A COMMON STOCK 500K $0.58 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares granted in lieu of earned bonus. The Reporting Person has a requirement to hold the net-settled number of bonus shares until December 15, 2023.
F2 Represents a grant of restricted stock units ("RSUs") which convert into shares of Class A Common Stock on a one-for-one basis. The RSUs vest in increments of 25% per year on the first four anniversaries of the RSU grant date, subject to continued employment with the Company through the vest date.
F3 The stock options vest in increments of 25% per year on the first four anniversaries of the stock option grant date, subject to continued employment with the Company through the vest date.