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BEYOND MEAT, INC. — Director's Dealing 2021
Feb 1, 2021
33960_dirs_2021-02-01_44af9c82-ff1a-4526-8cef-56c06e97f87b.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: BEYOND MEAT, INC. (BYND)
CIK: 0001655210
Period of Report: 2021-01-21
Reporting Person: Moskowitz Beth (Chief Creative Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 17341 | Direct |
| Common Stock | 19719 | Indirect |
| Common Stock | 32479 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $3.0 | 2028-02-14 | Common Stock (222.0) | Direct | |
| Stock Option (right to buy) | $20.02 | 2029-04-02 | Common Stock (25041.0) | Direct |
Footnotes
F1: Includes 3,581 unvested restricted stock units ("RSU") from a previous grant of 4,407 RSUs granted on March 2, 2020 under the 2018 Equity Incentive Plan ("2018 Plan"); 1/16th of the total number of shares subject to the RSU award vests each quarter, until the award is fully vested on March 2, 2024, subject to continued service by the Reporting Person.
F2: Includes 500 shares of unvested restricted stock from previous a grant of 4,000 shares granted on April 18, 2019 under the 2018 Plan. The Registrant has the right to repurchase the unvested shares upon a voluntary or involuntary termination of the Reporting Person's service; however, as shares vest monthly over 24 months, they are being released from the repurchase option and all such shares will be released from the repurchase option by May 18, 2021.
F3: As a co-trustee of the Michael Moskowitz and Beth Moskowitz Trust dated August 10, 2005 ("Trust"), the Reporting Person may be deemed to have voting and dispositive power of over the shares held by the Trust.
F4: Reporting Person's spouse beneficially own 25% of the Registrant's shares held by MMBL Enterprises WA, LLC ("MMBL Enterprises") with the remaining 75% of the shares owned by Reporting Person's spouse's siblings. Reporting Person's spouse manages MMBL Enterprises and has dispositive power over 100% of the Registrant's shares held by MMBL Enterprises and, therefore, Reporting Person may be deemed to have beneficial ownership in 100% of the Registrant's shares held by MML Enterprises. The Reporting Person disclaims beneficial ownership in the 75% held by her spouse's siblings, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F5: Stock option granted under the 2011 Equity Incentive Plan on February 15, 2018; the option vested and became exercisable on June 6, 2019.
F6: Stock option granted under the 2018 Plan on April 3, 2019; the option vested and became exercisable as to 25% of the total shares on December 19, 2019, and 1/48th of the total shares vests and becomes exercisable monthly thereafter, such that the option is fully vested and exercisable on December 19, 2022, subject to continued service by Reporting Person.