Beyond Meat (BYND) CEO extends expiration on 301,960 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BEYOND MEAT, INC. President and CEO Ethan Brown reported an amendment to a large stock option position. An existing option covering 301,960 shares of common stock at an exercise price of $0.95 per share was cancelled and a replacement option over the same 301,960 shares was granted.
According to the footnote, this change was made to extend the option’s expiration date, with the new option now expiring on July 19, 2031 instead of July 19, 2026. The option was originally granted on July 20, 2016 and is 100% vested and exercisable, and there were no open-market purchases or sales of Beyond Meat common stock in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brown Ethan
Role
President, Chief Exec. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Option (right to buy) | 301,960 | $0.00 | -- |
| Grant/Award | Stock Option (right to buy) | 301,960 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 301,960 options
Exercise price: $0.95 per share
New expiration date: July 19, 2031
+2 more
5 metrics
Option grant size
301,960 options
Replacement option covering common stock
Exercise price
$0.95 per share
Exercise price for 301,960-share option
New expiration date
July 19, 2031
Expiration of replacement option after amendment
Prior expiration date
July 19, 2026
Expiration of cancelled “old” option
Vesting status
100% vested
Option originally granted July 20, 2016
Key Terms
Stock Option (right to buy), Grant, award, or other acquisition, Disposition to issuer, exercise price, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Disposition to issuer financial
"transaction_code_description: "Disposition to issuer""
exercise price financial
"conversion_or_exercise_price: "0.9500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
100% vested and exercisable financial
"footnote: "is 100% vested and exercisable""
FAQ
What insider transaction did Beyond Meat (BYND) report for Ethan Brown?
Beyond Meat CEO Ethan Brown reported an amendment to a stock option. An existing option was cancelled and a replacement option for 301,960 shares was granted, solely to extend the expiration date while keeping the same exercise price and share amount.
What is the exercise price of Ethan Brown’s Beyond Meat (BYND) stock option?
The stock option for Ethan Brown has an exercise price of $0.95 per share. This price applies to the 301,960 underlying shares of Beyond Meat common stock associated with the replacement option reported in the Form 4 filing.
Did Ethan Brown buy or sell Beyond Meat (BYND) stock in this Form 4?
No, the Form 4 does not show any open-market buys or sells of Beyond Meat stock. It reports only a cancellation of an existing option and grant of a replacement option, both reflecting an amendment rather than a trade in common shares.
Why was Ethan Brown’s Beyond Meat (BYND) stock option amended?
The option was amended to extend its expiration date. The footnote explains that the transactions cancel the “old” option and grant a replacement option, with the option remaining 100% vested and exercisable but now expiring on July 19, 2031.
When does Ethan Brown’s amended Beyond Meat (BYND) stock option expire?
The replacement stock option reported in the Form 4 expires on July 19, 2031. Previously, the option was scheduled to expire on July 19, 2026, so the amendment primarily lengthens the time during which the fully vested option can be exercised.