Robert Sauermann - Feb 1, 2022 Form 4 Insider Report for Better Choice Co Inc. (BTTR)

Signature
Becky Pickett, Attorney-in-Fact for Robert Sauermann
Stock symbol
BTTR
Transactions as of
Feb 1, 2022
Transactions value $
$0
Form type
4
Date filed
2/3/2022, 03:56 PM
Previous filing
Dec 15, 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 9.3K Feb 1, 2022 Direct
holding BTTR Common Stock 86.9K Feb 1, 2022 Shares held by SFV Holdings LLC of which Mr. Sauermann is the President

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 +50K $0.00 50K Feb 1, 2022 Common Stock 50K $2.29 Direct F2
holding BTTR Purchase Warrants - Right to Buy 1.2K Feb 1, 2022 Common Stock 1.2K $25.50 Warrants held by SFV Holdings LLC of which Mr. Sauermann is the President
holding BTTR Purchase Warrants - Right to Buy 33.3K Feb 1, 2022 Common Stock 33.3K $4.50 Warrants held by SFV Holdings LLC of which Mr. Sauermann is the President
holding BTTR Purchase Warrants - Right to Buy 3.33K Feb 1, 2022 Common Stock 3.33K $7.50 Warrants held by SFV Holdings LLC of which Mr. Sauermann is the President
holding BTTR Stock Options - Right to Buy 66.7K Feb 1, 2022 Common Stock 66.7K $3.60 Direct F1
holding BTTR Stock Options - Right to Buy 16.7K Feb 1, 2022 Common Stock 16.7K $3.60 Direct F1
holding BTTR Stock Options - Right to Buy 16.7K Feb 1, 2022 Common Stock 16.7K $7.74 Direct F1
holding BTTR Stock Options - Right to Buy 75K Feb 1, 2022 Common Stock 75K $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 15K Feb 1, 2022 Common Stock 15K $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.