Steven J. Heyer - Jul 19, 2022 Form 4 Insider Report for biote Corp. (BTMD)

Role
Director, 10%+ Owner
Signature
/s/ Steven J. Heyer
Stock symbol
BTMD
Transactions as of
Jul 19, 2022
Transactions value $
$0
Form type
4
Date filed
7/21/2022, 08:03 PM
Previous filing
Jul 5, 2022
Next filing
Jul 28, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTMD Class A Common Stock Other $0 -6.41M -100% $0.00* 0 Jul 19, 2022 See Footnote F1
holding BTMD Class A Common Stock 730K Jul 19, 2022 Direct F2

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 BTMD Private Placement Warrants Other $0 -4.12M -100% $0.00* 0 Jul 19, 2022 Class A Common Stock 4.12M $11.50 See Footnote F1
holding BTMD Private Placement Warrants 1.44M Jul 19, 2022 Class A Common Stock 1.44M $11.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 19, 2022, Haymaker Sponsor III LLC ("Sponsor") distributed 7,137,500 shares of Class A common stock ("biote Corp. Class A Common Stock") and 5,566,666 private placement warrants ("Private Placement Warrants"), representing all of the securities of biote Corp. owned by the Sponsor, to its members with no consideration being paid in connection therewith (the "Distribution"). Mr. Steven J. Heyer and Mr. Andrew R. Heyer are the managing members of the Sponsor and jointly have voting and dispositive power of the securities held by the Sponsor. Accordingly, Messrs. Heyer and Heyer may be deemed to have had or shared beneficial ownership of such securities. Messrs. Heyer and Heyer disclaimed beneficial ownership of the securities held by the Sponsor, except to the extent of any pecuniary interest therein
F2 Includes 729,856 shares of biote Corp. Class A Common Stock held directly by Steven J. Heyer. Represents a change in the form of ownership of Steven J. Heyer by virtue of the receipt of shares of biote Corp. Class A Common Stock as a result of the Distribution.
F3 Includes 1,442,737 Private Placement Warrants held directly by Steven J. Heyer. Represents a change in the form of ownership of Steven J. Heyer by virtue of the receipt of Private Placement Warrants as a result of the Distribution.