Scott Lerner - Feb 1, 2022 Form 4 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
Feb 1, 2022
Transactions value $
$0
Form type
4
Date filed
2/3/2022, 04:06 PM
Previous filing
Nov 26, 2021
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BTTR Common Stock 14.8K Feb 1, 2022 Direct
holding BTTR Common Stock 2.67K Feb 1, 2022 Mother
holding BTTR Common Stock 40 Feb 1, 2022 Son

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 +100K $0.00 100K Feb 1, 2022 Common Stock 100K $2.29 Direct F2
holding BTTR Purchase Warrants - Right to Buy 4K Feb 1, 2022 Common Stock 4K $7.50 Direct
holding BTTR Purchase Warrants - Right to Buy 2.67K Feb 1, 2022 Common Stock 2.67K $7.50 Mother
holding BTTR Stock Options - Right to Buy 83.3K Feb 1, 2022 Common Stock 83.3K $6.78 Direct F1
holding BTTR Stock Options - Right to Buy 200K Feb 1, 2022 Common Stock 200K $8.82 Direct F1
holding BTTR Stock Options - Right to Buy 33.3K Feb 1, 2022 Common Stock 33.3K $5.00 Direct F1
holding BTTR Stock Options - Right to Buy 25K Feb 1, 2022 Common Stock 25K $5.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options exercisable according to the vesting terms in the related option agreement.
F2 Options granted on February 1, 2022 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.