R. Andrew Heyer - 17 May 2023 Form 4 Insider Report for biote Corp. (BTMD)

Role
Director
Signature
/s/ Marybeth Conlon, as Attorney-in-Fact for Andrew R. Heyer
Issuer symbol
BTMD
Transactions as of
17 May 2023
Transactions value $
$0
Form type
4
Filing time
19 May 2023, 18:51:27 UTC
Previous filing
27 Apr 2023
Next filing
05 Jun 2023

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 Deferred Settlement RSU Award $0 +12K $0.00 12K 17 May 2023 Class A Common Stock 12K Direct F1, F2
transaction BTMD Stock Option (Right to Buy) Award $0 +46.8K +73.84% $0.00 110K 17 May 2023 Class A Common Stock 46.8K $5.83 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Deferred Settlement RSU is the economic equivalent of one share of Issuer Class A Common Stock.
F2 The Deferred Settlement RSUs are fully vested upon grant, but settlement will be deferred until the date of the Reporting Person's separation from service.
F3 All shares subject to the option award shall vest on the earlier of May 17, 2024 or the day prior to the date of the Issuer's 2024 Annual Meeting of Stockholders, subject to the Reporting Person's continuous service through such vesting date.