Steven J. Heyer - Jul 19, 2022 Form 4 Insider Report for biote Corp. (BTMD)

Role: Director, 10%+ Owner
Signature: /s/ Steven J. Heyer
Stock symbol: BTMD
Transactions as of: Jul 19, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/21/2022, 08:03 PM
Previous filing: Jul 5, 2022
Next filing: Jul 28, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BTMD	Class A Common Stock	Other	$0	-6.41M	-100%	$0.00^*	0	Jul 19, 2022	See Footnote	F1
holding	BTMD	Class A Common Stock						730K	Jul 19, 2022	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BTMD	Private Placement Warrants	Other	$0	-4.12M	-100%	$0.00^*	0	Jul 19, 2022	Class A Common Stock	4.12M	$11.50	See Footnote	F1
holding	BTMD	Private Placement Warrants						1.44M	Jul 19, 2022	Class A Common Stock	1.44M	$11.50	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On July 19, 2022, Haymaker Sponsor III LLC ("Sponsor") distributed 7,137,500 shares of Class A common stock ("biote Corp. Class A Common Stock") and 5,566,666 private placement warrants ("Private Placement Warrants"), representing all of the securities of biote Corp. owned by the Sponsor, to its members with no consideration being paid in connection therewith (the "Distribution"). Mr. Steven J. Heyer and Mr. Andrew R. Heyer are the managing members of the Sponsor and jointly have voting and dispositive power of the securities held by the Sponsor. Accordingly, Messrs. Heyer and Heyer may be deemed to have had or shared beneficial ownership of such securities. Messrs. Heyer and Heyer disclaimed beneficial ownership of the securities held by the Sponsor, except to the extent of any pecuniary interest therein
F2	Includes 729,856 shares of biote Corp. Class A Common Stock held directly by Steven J. Heyer. Represents a change in the form of ownership of Steven J. Heyer by virtue of the receipt of shares of biote Corp. Class A Common Stock as a result of the Distribution.
F3	Includes 1,442,737 Private Placement Warrants held directly by Steven J. Heyer. Represents a change in the form of ownership of Steven J. Heyer by virtue of the receipt of Private Placement Warrants as a result of the Distribution.