Form 4 for BTMD biote Corp.
Accepted 2023-01-10 00:00:00 ET · period of report 2023-01-06 · accession 0001209191-23-002783 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-10 | 2023-01-06 | BTMD | Weber Teresa Sue | CEO, Dir | J - Other | $0.00 | -865.4K | 2.97M | -23% | $0 |
| D | 2023-01-10 | 2023-01-06 | BTMD | Weber Teresa Sue | CEO, Dir | C - Cnv Deriv | $0.00 | +865.4K | 950.4K | +1,018% | $0 |
| D | 2023-01-10 | 2023-01-09 | BTMD | Weber Teresa Sue | CEO, Dir | S - Sale | $3.00 | -865.4K | 85.0K | -91% | -$2.60M |
| D | 2023-01-10 | 2023-01-06 | BTMD | Weber Teresa Sue | CEO, Dir | C - Cnv Deriv | $0.00 | -865.4K | 2.97M | -23% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class V Common Stock | 2023-01-06 | J | D | 865,384 | $0.00 | 2,967,092 | D | — | — | (F2) These shares of Class V Common Stock of the Issuer provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Common Stock will be entitled to vote with the holders of Class A Common Stock of the Issuer, with each share of Class V Common Stock entitling the holder to a number of votes equal to the number of Units held by such Class V Common Stock holder at the time of such vote. (F3) Received pursuant to the Business Combination Agreement between Haymaker Acquisition Corp. III, a Delaware corporation, Haymaker Sponsor III LLC, a Delaware limited liability company, BioTE Holdings, LLC, a Nevada limited liability company ("Biote"), BioTE Management, LLC, a Nevada limited liability company, Dr. Gary Donovitz, in his individual capacity and Teresa S. Weber, in her capacity as the members' representative ("the BCA"). |
| 2 | Common | Class A Common Stock | 2023-01-06 | C | A | 865,384 | $0.00 | 950,424 | D | — | — | |
| 3 | Common | Class A Common Stock | 2023-01-09 | S | D | 865,384 | $3.00 | 85,040 | D | — | — | |
| 4 | Derivative | Retained Biote Units | 2023-01-06 | C | D | 865,384 | $0.00 | 2,967,092 | D | — · — to — | 865,384 Class A Common Stock | (F3) Received pursuant to the Business Combination Agreement between Haymaker Acquisition Corp. III, a Delaware corporation, Haymaker Sponsor III LLC, a Delaware limited liability company, BioTE Holdings, LLC, a Nevada limited liability company ("Biote"), BioTE Management, LLC, a Nevada limited liability company, Dr. Gary Donovitz, in his individual capacity and Teresa S. Weber, in her capacity as the members' representative ("the BCA"). (F4) The Units represent non-voting limited liability company interests of Biote. Pursuant to the terms of the Second Amended and Restated Operating Agreement, beginning November 26, 2022, these Units and an equivalent number of shares of Class V Common Stock are exchangeable on a one-for-one basis for shares of Class A Common Stock, subject to certain conditions, or, in certain circumstances, at the election of the Issuer in its capacity as the sole manager of Biote, the cash equivalent of the market value of one share of Class A common stock. These exchange rights do not expire. |