Filing Details
- Accession Number:
- 0001871648-21-000006
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-23 17:29:59
- Reporting Period:
- 2021-08-19
- Accepted Time:
- 2021-08-23 17:29:59
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1471727 | Better Choice Co Inc. | BTTR | Beverages (2080) | 834284557 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1871648 | Robert Sauermann | 12400 Race Track Road Tampa FL 33626 | No | No | No | Yes |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2021-08-20 | 3,000 | $3.52 | 8,000 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Options - Right to Buy | Acquisiton | 2021-08-19 | 15,000 | $0.00 | 15,000 | $5.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 15,000 | 2031-08-19 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 65,181 | Indirect | Shares held by SFV Holdings LLC of which Mr. Sauermann is the President |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Purchase Warrants - Right to Buy | $25.50 | 2019-12-19 | 2030-06-30 | 1,203 | 1,203 | Indirect |
| Common Stock | Stock Options - Right to Buy | $5.00 | 2031-07-08 | 33,333 | 33,333 | Direct | |
| Common Stock | Stock Options - Right to Buy | $3.60 | 2029-12-19 | 66,667 | 66,667 | Direct | |
| Common Stock | Stock Options - Right to Buy | $8.82 | 2031-03-03 | 75,000 | 75,000 | Direct | |
| Common Stock | Purchase Warrants - Right to Buy | $4.50 | 2020-10-01 | 2026-10-01 | 33,334 | 33,334 | Indirect |
| Common Stock | Stock Options - Right to Buy | $7.74 | 2031-01-08 | 16,667 | 16,667 | Direct | |
| Common Stock | Purchase Warrants - Right to Buy | $7.50 | 2021-01-22 | 2027-01-22 | 3,334 | 3,334 | Indirect |
| Common Stock | Stock Options - Right to Buy | $3.60 | 2030-10-08 | 16,667 | 16,667 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2030-06-30 | 1,203 | 1,203 | Indirect |
| 2031-07-08 | 33,333 | 33,333 | Direct |
| 2029-12-19 | 66,667 | 66,667 | Direct |
| 2031-03-03 | 75,000 | 75,000 | Direct |
| 2026-10-01 | 33,334 | 33,334 | Indirect |
| 2031-01-08 | 16,667 | 16,667 | Direct |
| 2027-01-22 | 3,334 | 3,334 | Indirect |
| 2030-10-08 | 16,667 | 16,667 | Direct |
Footnotes
- The number of shares reported as directly owned has been increased by 5,000 and the number of shares reported as indirectly owned by SFV Holdings LLC has been decreased by 5,000 to correct an administrative error in previous reports.
- 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.
- Options exercisable according to the vesting terms in the related option agreement.
Billionaire Hedge Funds
