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Valani Riaz's Form 4 filing

Better Home & Finance Holding Co (BETR) · filed Jun 4, 2024

Accession no.
0000950172-24-000319
Filed
Jun 4, 2024, 4:30 PM ET
Trade date
Mar 12-May 31, 2024
Filing delay
84 daysLate
Rule 10b5-1 plan
Not checked

This filing lists 3 non-derivative transactions and 4 derivative transactions. Open-market sales total $240.7K. It was filed 84 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Valani RiazCIK 0001965769Director, 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
May 31, 2024Class A Common StockSSaleDisposed−100,000$0.3304F1−$33,04015,896,739Indirect
May 31, 2024Class A Common StockSSaleDisposed−100,000$0.3324F3−$33,24015,796,739Indirect
May 31, 2024Class A Common StockSSaleDisposed−520,422$0.3352F4−$174,445.4515,276,317Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 12, 2024Class A Common StockJOtherDisposed−879,765–F6–26,261,863Indirect
Mar 12, 2024Class A Common StockJOtherAcquired+879,765–F6–879,765Indirect
Mar 21, 2024Class A Common StockJOtherDisposed−9,130,932–F6–17,130,931Indirect
Mar 21, 2024Class A Common StockJOtherAcquired+9,130,932–F6–9,130,932Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.33 to $0.3326. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote and footnotes (3) and (4).

Referenced by the price of 1 transaction in Table I.

F3

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.3301 to $0.3358.

Referenced by the price of 1 transaction in Table I.

F4

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.33 to $0.3418.

Referenced by the price of 1 transaction in Table I.

F6

Reflects a transfer of securities.

Referenced by the price of 4 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)