0001415889-24-014408.txt : 20240523
0001415889-24-014408.hdr.sgml : 20240523
20240523202831
ACCESSION NUMBER: 0001415889-24-014408
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240521
FILED AS OF DATE: 20240523
DATE AS OF CHANGE: 20240523
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LEMONIS MARCUS
CENTRAL INDEX KEY: 0001136478
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41850
FILM NUMBER: 24980523
MAIL ADDRESS:
STREET 1: C/O CAMPING WORLD HOLDINGS, INC.
STREET 2: 2 MARRIOTT DRIVE
CITY: LINCOLNSHIRE
STATE: IL
ZIP: 60069
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BEYOND, INC.
CENTRAL INDEX KEY: 0001130713
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 870634302
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 799 W. COLISEUM WAY
CITY: MIDVALE
STATE: UT
ZIP: 84047
BUSINESS PHONE: 8019473100
MAIL ADDRESS:
STREET 1: 799 W. COLISEUM WAY
CITY: MIDVALE
STATE: UT
ZIP: 84047
FORMER COMPANY:
FORMER CONFORMED NAME: OVERSTOCK.COM, INC
DATE OF NAME CHANGE: 20060203
FORMER COMPANY:
FORMER CONFORMED NAME: OVERSTOCK COM INC
DATE OF NAME CHANGE: 20001227
4
1
form4-05242024_120525.xml
X0508
4
2024-05-21
0001130713
BEYOND, INC.
BYON
0001136478
LEMONIS MARCUS
799 WEST COLISEUM WAY
MIDVALE
UT
84047
true
true
false
false
EXECUTIVE CHAIRMAN OF BOARD
0
Stock Option (right to buy)
45
2024-05-21
4
A
0
500000
0
A
2026-02-20
Common Stock
500000
500000
D
Stock Option (right to buy)
50
2024-05-21
4
A
0
750000
0
A
2027-02-20
Common Stock
750000
750000
D
Stock Option (right to buy)
60
2024-05-21
4
A
0
1000000
0
A
2028-02-20
Common Stock
1000000
1000000
D
The Reporting Person was granted a nonstatutory stock option on February 20, 2024 (the "Grant Date") subject to stockholder approval, which stockholder approval was received on May 21, 2024 ("Performance Award").
The Performance Award consists of 3 separate tranches that vest only if certain pre-established stock price milestones (each a "Stock Price Hurdle") are achieved and Reporting Person satisfies the corresponding service-based requirement. Vesting eligibility is contingent on Reporting Person being either the Executive Chairman or Chairman of the Company's board of directors ("Board"), or such other position the Board deems a qualifying position for the Performance Award ("Qualifying Position") through the applicable vest date. For any Stock Price Hurdle to be achieved, the average per-share closing price of the Company's common stock over any 20 consecutive trading day period during the specified performance period must be equal or greater than such Stock Price Hurdle. If the Stock Price Hurdle is not achieved for any tranche during the applicable performance period, the shares underlying the corresponding tranche of the Performance Award will be immediately forfeited.
The first tranche of 500,000 options vests in full upon the achievement of the Stock Price Hurdle of $45.00 during the period beginning on the Grant Date and ending on February 20, 2026, but in no event prior to February 20, 2025, subject to the Reporting Person's continued service in a Qualifying Position through the vesting date (except in the event of certain terminations).
The second tranche of 750,000 options vests in full upon the achievement of the Stock Price Hurdle of $50.00 during the period beginning on the Grant Date and ending on February 20, 2027, but in no event prior to February 20, 2026, subject to the Reporting Person's continued service in a Qualifying Position through the vesting date (except in the event of certain terminations).
The third tranche of 1,000,000 options vests in full upon the achievement of the Stock Price Hurdle of $60.00 during the period beginning on the Grant Date and ending on February 20, 2028, but in no event prior to February 20, 2027, subject to the Reporting Person's continued service in a Qualifying Position through the vesting date (except in the event of certain terminations).
/s/ Allison Fletcher, Attorney-in-Fact
2024-05-23