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

Role: Director, Executive Chairman, 10%+ Owner
Signature: /s/ Brenton L. Saunders
Issuer symbol: SKIN
Transactions as of: 14 May 2021
Net transactions value: $0
Form type: 4
Filing time: 18 May 2021, 21:22:28 UTC
Previous filing: 10 May 2021
Next filing: 22 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKIN	Class A Common Stock	Other	$0	-11,500,000	-100%	$0.000000^*	0	14 May 2021	By BLS	F1
holding	SKIN	Class A Common Stock						1,681,771	14 May 2021	By Triplet	F2
holding	SKIN	Class A Common Stock						1,121,180	14 May 2021	By Trust	F3
holding	SKIN	Class A Common Stock						5,533,534	14 May 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	-9,333,333	-100%	$0.000000^*	0	14 May 2021	Class A Common Stock	9,333,333	$11.50	By BLS	F1, F4
holding	SKIN	Warrant (right to buy)						1,000,000	14 May 2021	Class A Common Stock	1,000,000	$11.50	By Triplet	F2, F4
holding	SKIN	Warrant (right to buy)						666,667	14 May 2021	Class A Common Stock	666,667	$11.50	By Trust	F3, F4
holding	SKIN	Warrant (right to buy)						3,166,666	14 May 2021	Class A Common Stock	3,166,666	$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.