Caroline Harding - 22 Aug 2023 Form 4 Insider Report for Better Home & Finance Holding Co (BETR)

Role
Former Chief Financial Officer
Signature
/s/ Caroline Harding
Issuer symbol
BETR
Transactions as of
22 Aug 2023
Transactions value $
$0
Form type
4
Date filed
24 Aug 2023, 22:39
Previous filing
28 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BETR Class A Ordinary Shares Other -2.5K -100% 0 22 Aug 2023 Direct F1
transaction BETR Class A Common Stock Other +2.5K 2.5K 22 Aug 2023 Direct 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 BETR Warrant (right to buy) Other -625 -100% 0 22 Aug 2023 Class A Common Stock 625 $11.50 Direct F2
transaction BETR Warrant (right to buy) Other +625 625 22 Aug 2023 Class A Common Stock 625 $11.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Caroline Harding is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On August 22, 2023, in connection with the completion of the Issuer's (as defined below) initial business combination (the "Business Combination") pursuant to the Agreement and Plan of Merger, dated May 10, 2021, as amended, by and among Aurora Acquisition Corp. ("Aurora"), Aurora Merger Sub I, Inc., and Better Holdco Inc., the Class A ordinary shares of Aurora, par value $0.0001 per share, automatically converted into shares of the Issuer's Class A common stock on a one-for-one basis for no additional consideration. As part of the Business Combination, Aurora changed its name to Better Home & Finance Holding Company (the "Issuer").
F2 In connection with the completion of the Business Combination, outstanding warrants to purchase Class A ordinary shares of Aurora automatically converted into warrants to purchase shares of the Issuer's Class A Common Stock (each, an "Issuer Warrant") for no additional consideration. The Issuer Warrants have an exercise price of $11.50 and will expire on August 22, 2028, five years from the completion of the Business Combination, or earlier upon redemption or liquidation.

Remarks:

This "exit" Form 4 is voluntarily filed to report that, as a result of the Business Combination, the Reporting Person is no longer serving as Chief Financial Officer of the Issuer, effective as of August 22, 2023, and therefore is no longer subject to Section 16 reporting requirements.