Robert Sauermann - Jan 11, 2023 Form 4 Insider Report for Better Choice Co Inc. (BTTR)

Role
COO
Signature
Becky Pickett, Attorney-in-Fact for Robert Sauermann
Stock symbol
BTTR
Transactions as of
Jan 11, 2023
Transactions value $
$0
Form type
4
Date filed
1/13/2023, 04:07 PM
Previous filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTTR Common Stock Award $0 +40K +138.89% $0.00 68.8K Jan 11, 2023 Direct F1
holding BTTR Common Stock 86.9K Jan 11, 2023 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
holding BTTR Purchase Warrants - Right to Buy 1.2K Jan 11, 2023 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 Jan 11, 2023 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 Jan 11, 2023 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 Jan 11, 2023 Common Stock 66.7K $3.60 Direct
holding BTTR Stock Options - Right to Buy 16.7K Jan 11, 2023 Common Stock 16.7K $3.60 Direct F2
holding BTTR Stock Options - Right to Buy 16.7K Jan 11, 2023 Common Stock 16.7K $7.74 Direct F2
holding BTTR Stock Options - Right to Buy 75K Jan 11, 2023 Common Stock 75K $8.82 Direct F2
holding BTTR Stock Options - Right to Buy 33.3K Jan 11, 2023 Common Stock 33.3K $5.00 Direct F2
holding BTTR Stock Options - Right to Buy 15K Jan 11, 2023 Common Stock 15K $5.00 Direct F2
holding BTTR Stock Options - Right to Buy 50K Jan 11, 2023 Common Stock 50K $2.29 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issued Restricted Stock Award in lieu of cash bonus for 2022 performance. The Restricted Stock Award was awarded pursuant to the Company's Amended and Restated 2019 Plan with a one year cliff vesting condition.
F2 Options exercisable according to the vesting terms in the related option agreement.