Key facts
- This page summarizes Gary S. Donovitz's Form 4 filing for biote Corp. (BTMD).
- 8 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 31 May 2022, 21:30.
Gary S. Donovitz - 26 May 2022 Form 4 Insider Report for biote Corp. (BTMD)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- BTMD
- Reported as of
- 26 May 2022
- Net transaction value
- $0
- Reporting owner signature
- /s/ Morgan Lloyd, as Attorney-in-Fact for Gary S. Donovitz
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Gary S. Donovitz filed Form 4 for biote Corp. (BTMD) on 31 May 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BTMD
transaction
Class V Common Stock
Award
- Transaction value
- $0
- Shares
- +703,808
- Change %
- Price
- $0.000000
- Shares after
- 703,808
- Date
- 26 May 2022
- Ownership
- See footnote
- Footnotes
- F1, F2, F3
BTMD
transaction
Class V Common Stock
Other
- Transaction value
- $0
- Shares
- +144,918
- Change %
- +21%
- Price
- $0.000000
- Shares after
- 848,726
- Date
- 26 May 2022
- Ownership
- See footnote
- Footnotes
- F1, F2, F3, F4
BTMD
transaction
Class V Common Stock
Award
- Transaction value
- $0
- Shares
- +18,653,977
- Change %
- Price
- $0.000000
- Shares after
- 18,653,977
- Date
- 26 May 2022
- Ownership
- See footnote
- Footnotes
- F1, F2, F5
BTMD
transaction
Class V Common Stock
Other
- Transaction value
- $0
- Shares
- +3,840,969
- Change %
- +21%
- Price
- $0.000000
- Shares after
- 22,494,946
- Date
- 26 May 2022
- Ownership
- See footnote
- Footnotes
- F1, F2, F4, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BTMD
transaction
Derivative
Retained Biote Units
Award
- Transaction value
- $0
- Shares
- +723,551
- Change %
- Price
- $0.000000
- Shares after
- 703,808
- Date
- 26 May 2022
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 703,808
- Exercise price
- Footnotes
- F2, F3, F6
BTMD
transaction
Derivative
Retained Biote Units
Other
- Transaction value
- $0
- Shares
- +144,918
- Change %
- +21%
- Price
- $0.000000
- Shares after
- 848,726
- Date
- 26 May 2022
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 144,918
- Exercise price
- Footnotes
- F2, F3, F4, F6
BTMD
transaction
Derivative
Retained Biote Units
Award
- Transaction value
- $0
- Shares
- +18,653,977
- Change %
- Price
- $0.000000
- Shares after
- 18,653,977
- Date
- 26 May 2022
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 18,653,977
- Exercise price
- Footnotes
- F2, F5, F6
BTMD
transaction
Derivative
Retained Biote Units
Other
- Transaction value
- $0
- Shares
- +3,840,969
- Change %
- +21%
- Price
- $0.000000
- Shares after
- 22,494,946
- Date
- 26 May 2022
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,840,969
- Exercise price
- Footnotes
- F2, F4, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
These shares of Class V Common Stock of the Issuer provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Common Stock will be entitled to vote with the holders of Class A Common Stock of the Issuer, with each share of Class V Common Stock entitling the holder to a number of votes equal to the number of Retained Biote Units held by such Class V Common Stock holder at the time of such vote.
Footnote F2
Received pursuant to the Business Combination Agreement between Haymaker Acquisition Corp. III, a Delaware corporation, Haymaker Sponsor III LLC, a Delaware limited liability company, BioTE Holdings, LLC, a Nevada limited liability company ("Biote"), BioTE Management, LLC, a Nevada limited liability company, Dr. Gary Donovitz, in his individual capacity and Teresa S. Weber, in her capacity as the members' representative (the "BCA").
Footnote F3
The securities are held by BioTE Management, LLC (the "LLC"). The Reporting Person is sole member of the LLC.
Footnote F4
Pursuant to the BCA, the Reporting Person acquired these earn-out securities which are subject to certain restrictions and potential forfeiture pending the achievement of certain earnout targets or the occurrence of a Change of Control.
Footnote F5
The securities are held by Gary S. Donovitz 2012 Irrevocable Trust (the "Trust"). The Reporting Person is a trustee of the Trust.
Footnote F6
The Retained Biote Units (the "Units") represent non-voting limited liability company interests of Biote. Pursuant to the terms of the Second Amended and Restated Operating Agreement, beginning November 26, 2022 these Units and an equivalent number of shares of Class V Common Stock are exchangeable on a one-for-one basis for shares of Class A Common Stock, subject to certain conditions or in certain circumstances, at the election of the Issuer in its capacity as the sole manager of Biote, the cash equivalent of the market value of one share of Class A common stock. These exchange rights do not expire.