4//SEC Filing
RYAN KEVIN J 4
Accession 0001628280-25-028873
CIK 0001835856other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 5:12 PM ET
Size
11.1 KB
Accession
0001628280-25-028873
Insider Transaction Report
Form 4
RYAN KEVIN J
Chief Financial Officer
Transactions
- Exercise/Conversion
Class B Common Stock
2025-06-01+286→ 14,123 total→ Class A Common Stock (286 underlying) - Tax Payment
Class B Common Stock
2025-06-01$13.45/sh−113$1,520→ 14,010 total→ Class A Common Stock (113 underlying) - Exercise/Conversion
Restricted Stock Units (Class B)
2025-06-01−286→ 860 total→ Class B Common Stock (286 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 March 1, 2022, and will vest subject to both time- and liquidity-based criteria. Under the time-based criteria, 14/48ths of the restricted stock units became vested on the grant date and the remaining restricted stock units will vest in equal 1/16ths of the restricted stock units on the first business day of each calendar quarter such that the restricted stock units will be fully vested as of March 1, 2026. 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
Related Parties
1- filerCIK 0001069544
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 5:12 PM ET
- Size
- 11.1 KB