Lerner Scott 4

4 · Better Choice Co Inc. · Filed Nov 10, 2022

Form 4

Period: 2022-10-14

CEO

Transactions

Disposition to Issuer
Stock Options - Right to Buy
2022-10-14−20,834→ 62,500 total
Exercise: $6.78Exp: 2030-12-28→ Common Stock (20,834 underlying)
Disposition to Issuer
Stock Options - Right to Buy
2022-10-14−13,889→ 19,444 total
Exercise: $5.00Exp: 2031-07-08→ Common Stock (13,889 underlying)
Disposition to Issuer
Stock Options - Right to Buy
2022-10-14−61,112→ 138,888 total
Exercise: $8.82Exp: 2031-03-03→ Common Stock (61,112 underlying)
Disposition to Issuer
Stock Options - Right to Buy
2022-10-14−11,806→ 13,194 total
Exercise: $5.00Exp: 2031-08-19→ Common Stock (11,806 underlying)
Disposition to Issuer
Stock Options - Right to Buy
2022-10-14−61,112→ 38,888 total
Exercise: $2.29Exp: 2032-02-01→ Common Stock (61,112 underlying)

Holdings

Common Stock
(indirect: Mother)
2,667
Common Stock
(indirect: Son)
57
Common Stock
27,288
Purchase Warrants - Right to Buy
(indirect: Mother)
Exercise: $7.50From: 2021-01-22Exp: 2027-01-22→ Common Stock (2,667 underlying)
2,667
Purchase Warrants - Right to Buy
Exercise: $7.50From: 2021-01-22Exp: 2027-01-22→ Common Stock (4,000 underlying)
4,000

Footnotes (3)

[F1]Forfeiture of unvested awards per terms of the Reporting Person's separation agreement effective October 14, 2022.
[F2]Outstanding options as of October 14, 2022 are fully vested and exercisable through the amended expiration date per terms of the Reporting Person's separation agreement.
[F3]Effective as of October 14, 2022, the expiration date for outstanding options was amended to April 30, 2025 per terms of the Reporting Person's separation agreement.

Documents

1 file