0001628280-24-003366.txt : 20240205
0001628280-24-003366.hdr.sgml : 20240205
20240205175211
ACCESSION NUMBER: 0001628280-24-003366
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240201
FILED AS OF DATE: 20240205
DATE AS OF CHANGE: 20240205
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Talwar Harit
CENTRAL INDEX KEY: 0001401336
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40143
FILM NUMBER: 24597130
MAIL ADDRESS:
STREET 1: 2500 LAKE COOK ROAD
CITY: RIVERWOODS
STATE: IL
ZIP: 60015
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Better Home & Finance Holding Co
CENTRAL INDEX KEY: 0001835856
STANDARD INDUSTRIAL CLASSIFICATION: LOAN BROKERS [6163]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 933029990
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3 WORLD TRADE CENTER
STREET 2: 175 GREENWICH STREET, 57TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10007
BUSINESS PHONE: 646-839-0086
MAIL ADDRESS:
STREET 1: 3 WORLD TRADE CENTER
STREET 2: 175 GREENWICH STREET, 57TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10007
FORMER COMPANY:
FORMER CONFORMED NAME: Aurora Acquisition Corp.
DATE OF NAME CHANGE: 20201211
FORMER COMPANY:
FORMER CONFORMED NAME: Aurora Capital Holding Corp.
DATE OF NAME CHANGE: 20201209
4
1
wk-form4_1707173513.xml
FORM 4
X0508
4
2024-02-01
0
0001835856
Better Home & Finance Holding Co
BETR
0001401336
Talwar Harit
C/O BETTER HOME & FINANCE HOLDING CO
3 WORLD TRADE CENTER, 175 GREENWICH ST
NEW YORK
NY
10007
1
0
0
0
0
Restricted Stock Units (Class B)
2024-02-01
4
M
0
154739
0
D
Class B Common Stock
154739
3868472
D
Class B Common Stock
2024-02-01
4
M
0
154739
A
Class A Common Stock
154739
1083172
D
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 May 23, 2022. 1/16ths of the restricted stock units will vest on the first day of each three (3)-month period following May 1, 2022, with the first such quarterly vesting date to occur on August 1, 2022, subject to the Reporting Person's continuous service on the Board of Directors of the Issuer through each such date.
The Reporting Person received 4,951,644 restricted stock units of the Issuer in exchange for 1,620,000 restricted stock units of Better Holdco, Inc. ("Better Holdco"), a Delaware corporation, pursuant to the Agreement and Plan of Merger, dated as of May 10, 2021 (as amended, the "Merger Agreement"), by and among Aurora Acquisition Corp, a Cayman Islands exempted company ("Aurora" and, following the Business Combination, the "Issuer"), Aurora Merger Sub I, Inc. a Delaware corporation and a direct wholly owned subsidiary of Aurora, and Better Holdco. Upon consummation of the business combination contemplated by the Merger Agreement (the "Business Combination"), as described on the Form S-4 (File No. 333-258423) filed by Aurora with the U.S. Securities and Exchange Commission and declared effective on July 27, 2023, the surviving entity of the Business Combination, the Issuer, was renamed "Better Home & Finance Holding Company".
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's founder.
/s/ Max Goodman, Attorney-in-Fact
2024-02-05