Form 4 for BETR Better Home & Finance Holding Co
Accepted 2024-03-26 00:00:00 ET · period of report 2023-08-23 · accession 0001628280-24-013091 · 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 | 2024-03-26 | 2023-08-23 | BETR | Tuffin Paula | GC, CCO | C - Cnv Deriv | — | +822.1K | 822.1K | New | — |
| DI | 2024-03-26 | 2023-08-23 | BETR | Tuffin Paula | GC, CCO | C - Cnv Deriv | $0.00 | -822.1K | 0 | -100% | $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 | 2023-08-23 | C | A | 822,125 | — | 822,125 | I By Technology Stock Holding Master Trust/Series Tuffin 2021 Trust | — | — | (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 Issuer's 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 the founder of the Issuer. On August 23, 2023, the reporting person converted 822,125 shares of Class B Common Stock into 822,125 shares of Class A Common Stock. |
| 2 | Derivative | Class B Common Stock | 2023-08-23 | C | D | 822,125 | $0.00 | 0 | I By Technology Stock Holding Master Trust/Series Tuffin 2021 Trust | — · — to — | 822,125 Class A Common Stock | (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 Issuer's 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 the founder of the Issuer. On August 23, 2023, the reporting person converted 822,125 shares of Class B Common Stock into 822,125 shares of Class A Common Stock. |