L. Saunders - May 14, 2021 Form 4 Insider Report for Beauty Health Co (SKIN)

Role
Director, Executive Chairman, 10%+ Owner
Signature
/s/ Brenton L. Saunders
Stock symbol
SKIN
Transactions as of
May 14, 2021
Transactions value $
$0
Form type
4
Date filed
5/18/2021, 09:22 PM
Previous filing
May 10, 2021
Next filing
Jun 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKIN Class A Common Stock Other $0 -11.5M -100% $0.00* 0 May 14, 2021 By BLS F1
holding SKIN Class A Common Stock 1.68M May 14, 2021 By Triplet F2
holding SKIN Class A Common Stock 1.12M May 14, 2021 By Trust F3
holding SKIN Class A Common Stock 5.53M May 14, 2021 Direct

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 SKIN Warrant (right to buy) Other $0 -9.33M -100% $0.00* 0 May 14, 2021 Class A Common Stock 9.33M $11.50 By BLS F1, F4
holding SKIN Warrant (right to buy) 1M May 14, 2021 Class A Common Stock 1M $11.50 By Triplet F2, F4
holding SKIN Warrant (right to buy) 667K May 14, 2021 Class A Common Stock 667K $11.50 By Trust F3, F4
holding SKIN Warrant (right to buy) 3.17M May 14, 2021 Class A Common Stock 3.17M $11.50 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a distribution for no consideration by BLS Investor Group LLC ("BLS") to its members in accordance with their respective interests. The reporting person is the managing member of BLS and may be deemed to beneficially own the shares held by BLS, but disclaims beneficial ownership of such securities except to any pecuniary interest he may have therein.
F2 Represents securities held by Triplet Enterprises III, LLC ("Triplet") after the BLS Distribution. The reporting person is the managing member of Triplet and may be deemed to beneficially own the securities held by Triplet, but disclaims beneficial ownership of such securities except to any pecuniary interest he may have therein.
F3 Represents securities held by the Saunders Family Trust ("Trust") after the BLS Distribution. The reporting person has voting and dispositive control over these securities and thus the reporting person may be deemed to beneficially own the securities held by Trust, but disclaims beneficial ownership of such securities except to any pecuniary interest he may have therein.
F4 The warrants are exercisable by the holder into shares of Class A Common Stock on a one-for-one basis commencing on 10/2/2021, and expire on 5/4/26 or earlier redemption or liquidation.