Vishal Garg - Aug 22, 2023 Form 4/A Insider Report for Better Home & Finance Holding Co (BETR)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Max Goodman, Attorney-in-Fact
Stock symbol
BETR
Transactions as of
Aug 22, 2023
Transactions value $
$0
Form type
4/A
Date filed
4/8/2024, 06:52 PM
Date Of Original Report
Aug 24, 2023
Next filing
Jan 26, 2024

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 Stock Option Award +967K 967K Aug 22, 2023 Class B Common Stock 967K $8.95 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options are vested and currently exercisable.
F2 This Form 4/A is being filed to correct the number of options beneficially owned by the Reporting Person following the reported transaction. The original Form 4, filed on August 24, 2023 (the "Original Form 4"), erroneously reported 6,113,141 options to purchase shares of Class B Common Stock of Issuer beneficially owned by the Reporting Person, which was based on the exchange for 2,000,000 options to purchase shares of common stock of Better Holdco, Inc. ("Better Holdco"), a Delaware corporation, pursuant to the Agreement and Plan of Merger, dated as of May 10, 2021, (as amended, the "Merger Agreement"), by and among Aurora Acquisition Corp, a Cayman Islands exempted company ("Aurora" and, following the business combination contemplated by the Merger Agreement, the "Issuer"), Aurora Merger Sub I, Inc., a Delaware corporation and a direct wholly owned subsidiary of Aurora, and Better Holdco.
F3 (continued from footnote 2) Before the reported transactions, the Reporting Person voluntarily forfeited 1,683,501 options to purchase Better Holdco common stock on April 24, 2023, in connection with a Better Holdco employee retention program. Following the reported transaction, the Reporting Person beneficially owns 967,401 options to purchase Class B Common Stock of the Issuer. Other than as described in this footnote, there are no other changes from the Original Form 4, including the transactions triggering the Original Form 4.