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Lerner Scott – ‘4’ for 10/14/22 re: Better Choice Co. Inc.

On:  Thursday, 11/10/22, at 9:37am ET   ·   For:  10/14/22   ·   As:  Officer   ·   Accession #:  1870246-22-8   ·   File #:  1-40477

Previous ‘4’:  ‘4’ on 5/17/22 for 5/16/22   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer

11/10/22  Lerner Scott                      4          Officer     1:13K  Better Choice Co. Inc.

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML     13K 
                Securities by an Insider --                                      
                wf-form4_166809100322861.xml/3.6


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
Plain Text rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider — wf-form4_166809100322861.xml/3.6
 
                                                                                                                                                                                
Ownership Document
 
Schema Version:  X0306
Document Type:  4
Period of Report:  10/14/22
Not Subject to Section 16:  1
Issuer:
Issuer CIK:  1471727
Issuer Name:  Better Choice Co Inc.
Issuer Trading Symbol:  BTTR
Reporting Owner:
Reporting Owner ID:
Owner CIK:  1870246
Owner Name:  Lerner Scott
Reporting Owner Address:
Owner Street 1:  12400 RACE TRACK ROAD
Owner Street 2:
Owner City:  TAMPA
Owner State:  FL
Owner ZIP Code:  33626
Owner State Description:
Reporting Owner Relationship:
Is Director?  No
Is Officer?  Yes
Is Ten Percent Owner?  No
Is Other?  No
Officer Title:  Former CEO
Other Text:
Non-Derivative Table:
Non-Derivative Holding:
Security Title:
Value:  Common Stock
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  27,288
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Holding:
Security Title:
Value:  Common Stock
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  57
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  Son
Non-Derivative Holding:
Security Title:
Value:  Common Stock
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  2,667
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  Mother
Derivative Table:
Derivative Holding:
Security Title:
Value:  Purchase Warrants - Right to Buy
Conversion or Exercise Price:
Value:  7.5
Exercise Date:
Value:  1/22/21
Expiration Date:
Value:  1/22/27
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  4,000.0
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  4,000
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Holding:
Security Title:
Value:  Purchase Warrants - Right to Buy
Conversion or Exercise Price:
Value:  7.5
Exercise Date:
Value:  1/22/21
Expiration Date:
Value:  1/22/27
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  2,667.0
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  2,667
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  Mother
Derivative Transaction:
Security Title:
Value:  Stock Options - Right to Buy
Conversion or Exercise Price:
Value:  6.78
Transaction Date:
Value:  10/14/22
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  D
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  20,834
Footnote ID:  F1
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F2
Expiration Date:
Value:  12/28/30
Footnote ID:  F3
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  20,834.0
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  62,500
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Stock Options - Right to Buy
Conversion or Exercise Price:
Value:  8.82
Transaction Date:
Value:  10/14/22
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  D
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  61,112
Footnote ID:  F1
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F2
Expiration Date:
Value:  3/3/31
Footnote ID:  F3
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  61,112.0
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  138,888
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Stock Options - Right to Buy
Conversion or Exercise Price:
Value:  5.0
Transaction Date:
Value:  10/14/22
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  D
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  13,889
Footnote ID:  F1
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F2
Expiration Date:
Value:  7/8/31
Footnote ID:  F3
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  13,889.0
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  19,444
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Stock Options - Right to Buy
Conversion or Exercise Price:
Value:  5.0
Transaction Date:
Value:  10/14/22
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  D
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  11,806
Footnote ID:  F1
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F2
Expiration Date:
Value:  8/19/31
Footnote ID:  F3
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  11,806.0
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  13,194
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Stock Options - Right to Buy
Conversion or Exercise Price:
Value:  2.29
Transaction Date:
Value:  10/14/22
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  D
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  61,112
Footnote ID:  F1
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F2
Expiration Date:
Value:  2/1/32
Footnote ID:  F3
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  61,112.0
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  38,888
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Footnotes:
Footnote - F1:  Forfeiture of unvested awards per terms of the Reporting Person's separation agreement effective October 14, 2022.
Footnote - F2:  Outstanding options as of October 14, 2022 are fully vested and exercisable through the amended expiration date per terms of the Reporting Person's separation agreement.
Footnote - F3:  Effective as of October 14, 2022, the expiration date for outstanding options was amended to April 30, 2025 per terms of the Reporting Person's separation agreement.
Remarks:
Owner Signature:
Signature Name:  Becky Pickett, Attorney-in-Fact for Scott Lerner
Signature Date:  11/10/22


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