Robert Sauermann - 01 Feb 2022 Form 4 Insider Report for Better Choice Co Inc. (SRXH)

Role
EVP, Strategy
Signature
Becky Pickett, Attorney-in-Fact for Robert Sauermann
Issuer symbol
SRXH
Transactions as of
01 Feb 2022
Net transactions value
$0
Form type
4
Filing time
03 Feb 2022, 15:56:02 UTC
Previous filing
15 Dec 2021
Next filing
17 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BTTR Common Stock 9,300 01 Feb 2022 Direct
holding BTTR Common Stock 86,879 01 Feb 2022 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
transaction BTTR Stock Options - Right to Buy Award $0 +50,000 $0.000000 50,000 01 Feb 2022 Common Stock 50,000 $2.29 Direct F2
holding BTTR Purchase Warrants - Right to Buy 1,203 01 Feb 2022 Common Stock 1,203 $25.50 Warrants held by SFV Holdings LLC of which Mr. Sauermann is the President
holding BTTR Purchase Warrants - Right to Buy 33,334 01 Feb 2022 Common Stock 33,334 $4.50 Warrants held by SFV Holdings LLC of which Mr. Sauermann is the President
holding BTTR Purchase Warrants - Right to Buy 3,334 01 Feb 2022 Common Stock 3,334 $7.50 Warrants held by SFV Holdings LLC of which Mr. Sauermann is the President
holding BTTR Stock Options - Right to Buy 66,667 01 Feb 2022 Common Stock 66,667 $3.60 Direct F1
holding BTTR Stock Options - Right to Buy 16,667 01 Feb 2022 Common Stock 16,667 $3.60 Direct F1
holding BTTR Stock Options - Right to Buy 16,667 01 Feb 2022 Common Stock 16,667 $7.74 Direct F1
holding BTTR Stock Options - Right to Buy 75,000 01 Feb 2022 Common Stock 75,000 $8.82 Direct F1
holding BTTR Stock Options - Right to Buy 33,333 01 Feb 2022 Common Stock 33,333 $5.00 Direct F1
holding BTTR Stock Options - Right to Buy 15,000 01 Feb 2022 Common Stock 15,000 $5.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options exercisable according to the vesting terms in the related option agreement.
F2 Options granted on February 1, 2022 and are to vest as to 1/3rd of the shares on the first annual anniversary of the grant date and 1/36th of the shares to vest on each monthly anniversary thereafter.