| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BETR | Class A Common Stock | Options Exercise | $0 | +3.09M | $0.00 | 3.09M | Feb 1, 2024 | Direct | ||
| transaction | BETR | Class A Common Stock | Tax liability | -$674K | -1.09M | -35.21% | $0.62 | 2M | Feb 1, 2024 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BETR | Class B Common Stock | Tax liability | -$33.7K | -76K | -10.46% | $0.44 | 651K | Nov 7, 2023 | Class A Common Stock | 76K | Direct | F1, F2 | |
| transaction | BETR | Class B Common Stock | Tax liability | -$2.84K | -6.4K | -0.98% | $0.44 | 644K | Nov 7, 2023 | Class A Common Stock | 6.4K | Direct | F1, F2 | |
| transaction | BETR | Class B Common Stock | Award | $0 | +3.95K | +0.61% | $0.00 | 648K | Nov 20, 2023 | Class A Common Stock | 3.95K | Direct | F1, F3 | |
| transaction | BETR | Class B Common Stock | Tax liability | -$2.56K | -5.64K | -0.87% | $0.45 | 643K | Dec 1, 2023 | Class A Common Stock | 5.64K | Direct | F1, F2 | |
| transaction | BETR | Restricted Stock Units (Class A) | Award | $0 | +3.09M | $0.00 | 3.09M | Feb 1, 2024 | Class A Common Stock | 3.09M | Direct | F4, F5 | ||
| transaction | BETR | Restricted Stock Units (Class A) | Options Exercise | $0 | -3.09M | -100% | $0.00* | 0 | Feb 1, 2024 | Class A Common Stock | 3.09M | Direct | F4, F5 |
| 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 the founder of Better. |
| F2 | Consists of shares of Class B Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of previously granted and reported restricted stock units representing the right to receive one share of Class B Common Stock, which were inadvertently omitted in prior Form 4 filings between August 24, 2023 and December 1, 2023. |
| F3 | Reflects shares of Class B Common Stock issued to the Reporting Person as a correction for the number of shares withheld for tax purposes in connection with the August 22, 2023 vesting event. |
| F4 | Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| F5 | The restricted stock units were granted and became fully vested on February 1, 2024. |