4//SEC Filing
Nicholas J. Calamari 4
Accession 0001628280-25-028871
CIK 0001835856other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 5:12 PM ET
Size
14.1 KB
Accession
0001628280-25-028871
Insider Transaction Report
Form 4
Nicholas J. Calamari
CAO and Senior Counsel
Transactions
- Exercise/Conversion
Restricted Stock Units (Class B)
2025-06-01−636→ 1,278 total→ Class B Common Stock (636 underlying) - Exercise/Conversion
Class B Common Stock
2025-06-01+636→ 127,058 total→ Class A Common Stock (636 underlying) - Tax Payment
Class B Common Stock
2025-06-01$13.45/sh−257$3,457→ 126,801 total→ Class A Common Stock (257 underlying)
Holdings
- 24,458(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (24,458 underlying) - 24,458(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (24,458 underlying)
Footnotes (3)
- [F1]Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock in connection with: (i) any transfer, whether or not for value, except for certain permitted transfers described in the Issuers amended and restated certificate of incorporation, (ii) such time as the aggregate number of shares of Class B Common Stock outstanding ceases to represent 5% of the aggregate number of shares of Common Stock outstanding, (iii) the vote of 85% of the holders of Class B Common Stock outstanding; and (iv) following the date of the death or permanent disability of Betters founder.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class B Common Stock.
- [F3]The restricted stock units were granted on October 1, 2022, and will vest subject to both time- and liquidity-based criteria. Under the time-based criteria, the Reporting Person was vested in 14/48ths of the restricted stock units on the grant date and the remaining restricted stock units will vest in equal 1/48ths of the restricted stock units on the first business day of each month such that the restricted stock units will be fully vested as of August 1, 2025, subject to the Reporting Person's continued employment. The liquidity-based criteria was satisfied on August 22, 2023 upon the consummation of the business combination between the Issuer (f/k/a Aurora Acquisition Corp), Aurora Merger Sub I, Inc. and Better HoldCo, Inc.
Documents
Issuer
Better Home & Finance Holding Co
CIK 0001835856
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001614749
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 5:12 PM ET
- Size
- 14.1 KB