The Beachbody pany(BODY) - 2023 Q4 - Annual Report

A summary of the unvested option activity is as follows: RSUs granted to employees generally vest over four years, based on continued employment, while RSUs granted to members of the Board generally vest approximately one year after grant date. 101 Employee Stock Purchase Plan Repricing of Stock Options Equity-Based Compensation Expense The vesting periods are based on the terms of the option grant agreements, generally four to five years. The risk-free interest rates are based on the U.S. Treasury rates as ...