Michael J. Farello - Aug 22, 2023 Form 4/A - Amendment Insider Report for Better Home & Finance Holding Co (BETR)

Role: Director
Signature: /s/ Max Goodman, Attorney-in-Fact
Stock symbol: BETR
Transactions as of: Aug 22, 2023
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 9/14/2023, 08:04 PM
Date Of Original Report: Aug 24, 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	BETR	Class B Common Stock	Other		0			0	Aug 22, 2023	Class A Common Stock	0		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock in connection with: (i) any transfer, whether or not for value, except for certain permitted transfers described in the Issuer's amended and restated certificate of incorporation, (ii) such time as the aggregate number of shares of Class B Common Stock outstanding ceases to represent 5% of the aggregate number of shares of Common Stock outstanding, (iii) the vote of 85% of the holders of Class B Common Stock outstanding; and (iv) following the date of the death or permanent disability of Better's founder.
F2	This amendment on Form 4/A ("Amendment") to the Form 4 filed on August 24, 2023 (the "Original Form 4") does not report any new or additional transactions and has been filed to solely remove the holdings of LCG4 Best, L.P. ("LCG4"), which were previously reported in Table II of the Original Form 4 as indirectly owned by Mr. Farello. Although previously reflected on the Original Form 4 by the Reporting Person, Mr. Farello does not have beneficial ownership of the Issuer securities directly held by LCG4 and has ceased to report such securities. This Amendment also removes footnotes 2, 3 and 4 of the Original Form 4, which correspond to LCG4's removed holdings.

Content

Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock in connection with: (i) any transfer, whether or not for value, except for certain permitted transfers described in the Issuer's amended and restated certificate of incorporation, (ii) such time as the aggregate number of shares of Class B Common Stock outstanding ceases to represent 5% of the aggregate number of shares of Common Stock outstanding, (iii) the vote of 85% of the holders of Class B Common Stock outstanding; and (iv) following the date of the death or permanent disability of Better's founder.

This amendment on Form 4/A ("Amendment") to the Form 4 filed on August 24, 2023 (the "Original Form 4") does not report any new or additional transactions and has been filed to solely remove the holdings of LCG4 Best, L.P. ("LCG4"), which were previously reported in Table II of the Original Form 4 as indirectly owned by Mr. Farello. Although previously reflected on the Original Form 4 by the Reporting Person, Mr. Farello does not have beneficial ownership of the Issuer securities directly held by LCG4 and has ceased to report such securities. This Amendment also removes footnotes 2, 3 and 4 of the Original Form 4, which correspond to LCG4's removed holdings.