Donald Young - 19 Aug 2021 Form 4/A - Amendment Insider Report for Better Choice Co Inc. (SRXH)

Role
EVP, Sales
Signature
Becky Pickett, Attorney-in-Fact for Donald Young
Issuer symbol
SRXH
Transactions as of
19 Aug 2021
Net transactions value
+$49,700
Form type
4/A - Amendment
Filing time
14 Jan 2022, 15:50:43 UTC
Date Of Original Report
23 Aug 2021
Previous filing
12 Jul 2021
Next filing
03 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTTR Common Stock Purchase $49,700 +14,000 +40% $3.55 48,601 20 Aug 2021 Direct F1
holding BTTR Common Stock 2,000 19 Aug 2021 Spouse

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 +15,000 $0.000000 15,000 19 Aug 2021 Common Stock 15,000 $5.00 Direct F2, F3
holding BTTR Stock Options - Right to Buy 33,333 19 Aug 2021 Common Stock 33,333 $5.00 Direct F3
holding BTTR Stock Options - Right to Buy 91,667 19 Aug 2021 Common Stock 91,667 $8.82 Direct F3
holding BTTR Purchase Warrants - Right to Buy 10,000 19 Aug 2021 Common Stock 10,000 $7.50 Direct
holding BTTR Stock Options - Right to Buy 83,334 19 Aug 2021 Common Stock 83,334 $7.62 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares beneficially owned has been reduced by 1,393 to correct an administrative error in previous reports.
F2 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.
F3 Options exercisable according to the vesting terms in the related option agreement.