Lerner Scott 4

4 · Better Choice Co Inc. · Filed Aug 23, 2021

Form 4

Period: 2021-08-19

CEO

Transactions

Purchase
Common Stock
2021-08-20$3.50/sh+1,445$5,058→ 12,746 total
Award
Stock Options - Right to Buy
2021-08-19+25,000→ 25,000 total
Exercise: $5.00Exp: 2031-08-19→ Common Stock (25,000 underlying)

Holdings

Purchase Warrants - Right to Buy
Exercise: $7.50From: 2021-01-22Exp: 2027-01-22→ Common Stock (4,000 underlying)
4,000
Purchase Warrants - Right to Buy
(indirect: Mother)
Exercise: $7.50From: 2021-01-22Exp: 2027-01-22→ Common Stock (2,667 underlying)
2,667
Stock Options - Right to Buy
Exercise: $6.78Exp: 2030-12-28→ Common Stock (83,334 underlying)
83,334
Common Stock
(indirect: Son)
20
Stock Options - Right to Buy
Exercise: $5.00Exp: 2031-07-08→ Common Stock (33,333 underlying)
33,333
Stock Options - Right to Buy
Exercise: $8.82Exp: 2031-03-03→ Common Stock (200,000 underlying)
200,000
Common Stock
(indirect: Mother)
2,667

Footnotes (2)

[F1]Options granted on August 19, 2021 and 67% of the options shall 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, and 33% of the options shall vest as to 1/3rd of the shares on the 18 month anniversary of the grant date and 1/36th of the shares to vest on each monthly anniversary thereafter.
[F2]Options exercisable according to the vesting terms in the related option agreement.

Documents

1 file