Home > Insider Trading > Filing (0001628280-24-049753)

Filing Details

Accession Number:: 0001628280-24-049753
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-12-03 16:14:53
Reporting Period:: 2024-12-01

Accepted Time:: 2024-12-03 16:14:53
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1835856	Better Home & Finance Holding Co	BETR	()	DE

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1614749	Calamari J. Nicholas	C/O Better Home &Amp; Finance Holding Co 53 Beach Street, 3Rd Floor New York NY 10013	Cao And Senior Counsel	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2024-12-02	3,487	$14.26	11,088	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Acquisiton	2024-12-01	636	$0.00	636	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-12-01	257	$15.77	257	$0.00
Class B Common Stock	Restricted Stock Units (Class B)	Disposition	2024-12-01	636	$0.00	636	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
124,850	No	4	M	Direct
124,593	No	4	F	Direct
5,098	No	4	M	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00			24,458	24,458	Indirect
Class A Common Stock	Class B Common Stock	$0.00			24,458	24,458	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	24,458	24,458	Indirect
	24,458	24,458	Indirect

Footnotes

The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $13.61 to $15.05 per share. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
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 Better HoldCo, Inc.'s founder.
Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class B Common Stock.
The restricted stock units were granted on October 1, 2022, and will vest subject to both time- and liquidity-based criteria. Under the time-based criteria, the Reporting Person was vested in 14/48ths of the restricted stock units on the grant date and the remaining restricted stock units will vest in equal 1/48ths of the restricted stock units on the first business day of each month such that the restricted stock units will be fully vested as of August 1, 2025, subject to the Reporting Person's continued employment. The liquidity-based criteria was satisfied on August 22, 2023, upon the consummation of the business combination between the Issuer (f/k/a Aurora Acquisition Corp), Aurora Merger Sub I, Inc. and Better HoldCo, Inc.