Mark Heinen - 01 Mar 2023 Form 4 Insider Report for Better Therapeutics, Inc.

Signature
/s/ Mark Heinen
Issuer symbol
BTTX on OTC
Transactions as of
01 Mar 2023
Net transactions value
$0
Form type
4
Filing time
21 Apr 2023, 18:14:15 UTC
Previous filing
02 Dec 2022
Next filing
19 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTTX Common Stock Award $0 +54,000 +63% $0.000000 139,723 05 Apr 2023 Direct F1
holding BTTX Common Stock 2,281 01 Mar 2023 By daughter

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 BTTX Stock Option (Right to Buy) Award $0 +28,550 $0.000000 28,550 01 Mar 2023 Common Stock 28,550 $1.14 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares represent restricted stock units (each, an "RSU") granted on April 5, 2023, which vest as to 1/2 of the shares on March 24, 2024 and the remaining shares vest on March 24, 2025, provided the Reporting Person continues to have a service relationship with Issuer on each vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F2 The stock option vests as to 1/4 of the shares subject to the stock option on March 1, 2024 and the remaining shares vest in 36 equal monthly installments thereafter, provided the Reporting Person continues to have a service relationship with Issuer on each vesting date. The stock option was granted on March 1, 2023.