Form 4 for BETR Better Home & Finance Holding Co
Accepted 2025-03-07 00:00:00 ET · period of report 2024-12-09 · accession 0001493152-25-009612 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-03-07 | 2024-12-09 | BETR | SB Management Ltd | 10% | C - Cnv Deriv | — | +628.6K | 628.6K | New | — |
| DI | 2025-03-07 | 2024-12-09 | BETR | SB Management Ltd | 10% | C - Cnv Deriv | $0.00 | -628.6K | 137.5K | -82% | $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 A Common Stock | 2024-12-09 | C | A | 628,553 | — | 628,553 | I By SVF II Beaver (DE) LLC | — | — | (F1) Reflects a 1-for-50 reverse stock split effected by the Issuer on August 16, 2024, which was exempt from reporting pursuant to Rule 16a-9. (F2) Each outstanding share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock or Class C Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, except for certain permitted transfers, whether or not for value. (F3) SoftBank Group Corp., which is a publicly traded company listed on the Tokyo Stock Exchange, is the sole shareholder of SB Global Advisers Limited, which has been appointed as manager and is responsible for making final decisions related to the acquisition, structuring, financing and disposal of SoftBank Vision Fund II-2 L.P.'s investments, including as held by SVF II Beaver (DE) LLC. SoftBank Vision Fund II-2 L.P. is the sole limited partner of SVF II Aggregator (Jersey) L.P., which is the sole member of SVF II Holdings (DE) LLC, which is the sole member of SVF II Beaver (DE) LLC. As a result of these relationships, each of these entities may be deemed to share beneficial ownership of the securities held of record by SVF II Beaver (DE) LLC. |
| 2 | Derivative | Class B Common Stock | 2024-12-09 | C | D | 628,553 | $0.00 | 137,545 | I By SVF II Beaver (DE) LLC | — · — to — | 628,553 Class A Common Stock | (F1) Reflects a 1-for-50 reverse stock split effected by the Issuer on August 16, 2024, which was exempt from reporting pursuant to Rule 16a-9. (F3) SoftBank Group Corp., which is a publicly traded company listed on the Tokyo Stock Exchange, is the sole shareholder of SB Global Advisers Limited, which has been appointed as manager and is responsible for making final decisions related to the acquisition, structuring, financing and disposal of SoftBank Vision Fund II-2 L.P.'s investments, including as held by SVF II Beaver (DE) LLC. SoftBank Vision Fund II-2 L.P. is the sole limited partner of SVF II Aggregator (Jersey) L.P., which is the sole member of SVF II Holdings (DE) LLC, which is the sole member of SVF II Beaver (DE) LLC. As a result of these relationships, each of these entities may be deemed to share beneficial ownership of the securities held of record by SVF II Beaver (DE) LLC. (F2) Each outstanding share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock or Class C Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, except for certain permitted transfers, whether or not for value. |