Dariush Ajami - 29 Feb 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
Issuer symbol
BYND
Transactions as of
29 Feb 2024
Transactions value $
$-57,598
Form type
4
Filing time
04 Mar 2024, 20:04:58 UTC
Previous filing
16 Oct 2024
Next filing
05 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYND Common Stock Tax liability $-57,598 -5,388 -4.15% $10.69 124,353 29 Feb 2024 Direct F1
transaction BYND Common Stock Award $0 +79,325 +63.8% $0.000000 203,678 01 Mar 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 +131,803 $0.000000 131,803 01 Mar 2024 Common Stock 131,803 $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.