Scott Lerner - 01 Feb 2022 Form 4 Insider Report for Better Choice Co Inc. (SRXH)

Role: CEO
Signature: Becky Pickett, Attorney-in-Fact for Scott Lerner
Issuer symbol: SRXH
Transactions as of: 01 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 03 Feb 2022, 16:06:10 UTC
Previous filing: 26 Nov 2021
Next filing: 17 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BTTR	Common Stock						14,788	01 Feb 2022	Direct
holding	BTTR	Common Stock						2,667	01 Feb 2022	Mother
holding	BTTR	Common Stock						40	01 Feb 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	+100,000		$0.000000	100,000	01 Feb 2022	Common Stock	100,000	$2.29	Direct	F2
holding	BTTR	Purchase Warrants - Right to Buy						4,000	01 Feb 2022	Common Stock	4,000	$7.50	Direct
holding	BTTR	Purchase Warrants - Right to Buy						2,667	01 Feb 2022	Common Stock	2,667	$7.50	Mother
holding	BTTR	Stock Options - Right to Buy						83,334	01 Feb 2022	Common Stock	83,334	$6.78	Direct	F1
holding	BTTR	Stock Options - Right to Buy						200,000	01 Feb 2022	Common Stock	200,000	$8.82	Direct	F1
holding	BTTR	Stock Options - Right to Buy						33,333	01 Feb 2022	Common Stock	33,333	$5.00	Direct	F1
holding	BTTR	Stock Options - Right to Buy						25,000	01 Feb 2022	Common Stock	25,000	$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.