Sharla A. Cook - Aug 19, 2021 Form 4 Insider Report for Better Choice Co Inc. (BTTR)

Role
CFO
Signature
Becky Pickett, Attorney-in-Fact for Sharla A Cook
Stock symbol
BTTR
Transactions as of
Aug 19, 2021
Transactions value $
$0
Form type
4
Date filed
8/23/2021, 05:27 PM
Previous filing
Jul 12, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BTTR Common Stock 4.83K Aug 19, 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 BTTR Stock Options - Right to Buy Award $0 +15K $0.00 15K Aug 19, 2021 Common Stock 15K $5.00 Direct F1, F2
holding BTTR Stock Options - Right to Buy 33.3K Aug 19, 2021 Common Stock 33.3K $5.00 Direct F2
holding BTTR Purchase Warrants - Right to Buy 3.33K Aug 19, 2021 Common Stock 3.33K $4.50 Direct
holding BTTR Stock Options - Right to Buy 33.3K Aug 19, 2021 Common Stock 33.3K $3.60 Direct F2
holding BTTR Stock Options - Right to Buy 16.7K Aug 19, 2021 Common Stock 16.7K $7.74 Direct F2
holding BTTR Stock Options - Right to Buy 25K Aug 19, 2021 Common Stock 25K $8.82 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options granted on August 19, 2021 and 67% of the options shall vest as to 1/3rd of the shares on the first annual anniversary of the grant date and 1/36th of the shares to vest on each monthly anniversary thereafter, and 33% of the options shall vest as to 1/3rd of the shares on the 18 month anniversary of the grant date and 1/36th of the shares to vest on each monthly anniversary thereafter.
F2 Options exercisable according to the vesting terms in the related option agreement.