Brent L. Saunders - May 6, 2021 Form 4 Insider Report for Beauty Health Co (SKIN)

Role
Executive Chairman, Director
Signature
/s/ Brenton L. Saunders
Stock symbol
SKIN
Transactions as of
May 6, 2021
Transactions value $
$0
Form type
4
Date filed
5/10/2021, 05:21 PM
Previous filing
May 18, 2021
Next filing
May 18, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKIN Class A Common Stock Options Exercise $0 +11.5M $0.00 11.5M May 4, 2021 See footnote F1

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 SKIN Class B Common Stock Options Exercise $0 +11.5M $0.00* 0 May 4, 2021 Class A Common Stock 11.5M $0.00 See footnote F1
transaction SKIN Stock Options (right to buy) Award $0 +1.86M $0.00 1.86M May 6, 2021 Common Stock 1.86M $12.85 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B Common Stock converted into shares of Class A Common Stock on a one-for one basis upon the issuer's consummation of its initial business combination. The securities reported are held of record by BLS Investor Group, LLC. The reporting person is the managing member of BLS Investor Group, LLC. As such, the reporting person may be deemed to have beneficial ownership of the securities beneficially owned by BLS Investor Group, LLC. The reporting person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F2 Represents a grant of stock options under The Beauty Health Company 2021 Incentive Award Plan. Subject to accelerated vesting in certain circumstances, twenty-five percent (25%) of the stock options are scheduled to vest on each of the first four anniversaries of May 6, 2021, as long as the reporting person remains in the service of The Beauty Health Company through the applicable vesting date.