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BEYOND MEAT, INC. — Director's Dealing 2024
Mar 6, 2024
33960_dirs_2024-03-05_32e53156-a072-456d-abdc-2f0ce0c1dcdc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BEYOND MEAT, INC. (BYND)
CIK: 0001655210
Period of Report: 2024-03-01
Reporting Person: KUTUA LUBI (CFO, Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-01 | Common Stock | A | 102355 | — | Acquired | 204839 | Direct |
| 2024-03-04 | Common Stock | F | 31 | $8.51 | Disposed | 204808 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-01 | Performance Stock Unit | $ | A | 49420 | Acquired | 2025-03-15 | Common Stock (49420) | Direct |
| 2024-03-01 | Performance Stock Unit | $ | A | 45978 | Acquired | 2026-03-15 | Common Stock (45978) | Direct |
| 2024-03-01 | Performance Stock Unit | $ | A | 43660 | Acquired | 2027-03-15 | Common Stock (43660) | Direct |
Footnotes
F1: Restricted stock units ("RSU") granted under the 2018 Equity Incentive Plan ("Plan") on March 1, 2024; 1/4th of the total number of shares subject to the RSU award will vest on March 1, 2025, and 1/16th of the total number of shares subject to the RSU award will vest each quarter thereafter, until the award is fully vested on March 1, 2028 subject to the Reporting Person's continued service through each vest date 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: Shares withheld to pay taxes applicable to vesting of RSUs previously awarded pursuant to the Plan.
F3: Each performance stock unit ("PSU") represents a contingent right to receive one share of Common Stock issued under the Plan. This PSU award will vest at the end of a one-year 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.