Scott Lerner - Jun 29, 2021 Form 3/A - Amendment Insider Report for Better Choice Co Inc. (BTTR)

Role
CEO
Signature
Becky Pickett, Attorney-in-Fact for Scott Lerner
Stock symbol
BTTR
Transactions as of
Jun 29, 2021
Transactions value $
$0
Form type
3/A - Amendment
Date filed
7/8/2021, 05:13 PM
Date Of Original Report
Jul 8, 2021
Next filing
Jul 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BTTR Common Stock 10K Jun 29, 2021 Direct F1
holding BTTR Common Stock 2.67K Jun 29, 2021 Spouse F1

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
holding BTTR Purchase Warrants Jun 29, 2021 Common Stock 4K $7.50 Direct F1
holding BTTR Stock Options Jun 29, 2021 Common Stock 83.3K $6.78 Direct F1, F2
holding BTTR Stock Options Jun 29, 2021 Common Stock 200K $8.82 Direct F1, F3
holding BTTR Purchase Warrants Jun 29, 2021 Common Stock 2.67K $7.50 Spouse F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 After giving effect to a 1:6 reverse stock split conducted by the issuer effective as of June 28, 2021.
F2 Options granted on December 28, 2020 and are to 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.
F3 Options granted on March 3, 2021, and 67% of the options shall vest as follows: 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. The remaining 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.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney