Robert Sauermann - 11 Jan 2023 Form 4 Insider Report for Better Choice Co Inc. (BTTR)

Role
COO
Signature
Becky Pickett, Attorney-in-Fact for Robert Sauermann
Issuer symbol
BTTR
Transactions as of
11 Jan 2023
Transactions value $
$0
Form type
4
Filing time
13 Jan 2023, 16:07:38 UTC
Previous filing
06 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTTR Common Stock Award $0 +40,000 +1.39% $0 68,800 11 Jan 2023 Direct F1
holding BTTR Common Stock 86,879 11 Jan 2023 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
holding BTTR Purchase Warrants - Right to Buy 1,203 11 Jan 2023 Common Stock 1,203 $25.5 Warrants held by SFV Holdings LLC of which Mr. Sauermann is the President
holding BTTR Purchase Warrants - Right to Buy 33,334 11 Jan 2023 Common Stock 33,334 $4.5 Warrants held by SFV Holdings LLC of which Mr. Sauermann is the President
holding BTTR Purchase Warrants - Right to Buy 3,334 11 Jan 2023 Common Stock 3,334 $7.5 Warrants held by SFV Holdings LLC of which Mr. Sauermann is the President
holding BTTR Stock Options - Right to Buy 66,667 11 Jan 2023 Common Stock 66,667 $3.6 Direct
holding BTTR Stock Options - Right to Buy 16,667 11 Jan 2023 Common Stock 16,667 $3.6 Direct F2
holding BTTR Stock Options - Right to Buy 16,667 11 Jan 2023 Common Stock 16,667 $7.74 Direct F2
holding BTTR Stock Options - Right to Buy 75,000 11 Jan 2023 Common Stock 75,000 $8.82 Direct F2
holding BTTR Stock Options - Right to Buy 33,333 11 Jan 2023 Common Stock 33,333 $5 Direct F2
holding BTTR Stock Options - Right to Buy 15,000 11 Jan 2023 Common Stock 15,000 $5 Direct F2
holding BTTR Stock Options - Right to Buy 50,000 11 Jan 2023 Common Stock 50,000 $2.29 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issued Restricted Stock Award in lieu of cash bonus for 2022 performance. The Restricted Stock Award was awarded pursuant to the Company's Amended and Restated 2019 Plan with a one year cliff vesting condition.
F2 Options exercisable according to the vesting terms in the related option agreement.