Sec Form 4 Filing - Mittal Shravin @ Better Home & Finance Holding Co - 2023-08-22

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Mittal Shravin
2. Issuer Name and Ticker or Trading Symbol
Better Home & Finance Holding Co [ BETR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Former Director
(Last) (First) (Middle)
20 NORTH AUDLEY STREET
3. Date of Earliest Transaction (MM/DD/YY)
08/22/2023
(Street)
LONDON, X0W1K 6LX
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Ordinary Shares 08/22/2023 J( 1 ) 1,000,000 D 0 I Held through Unbound Holdco Ltd.
Class A Common Stock 08/22/2023 J( 1 ) 1,000,000 A 1,000,000 I Held through Unbound Holdco Ltd.
Class A Common Stock 08/22/2023 C( 2 ) 1,159,375 A 2,159,375 I Held through Unbound Holdco Ltd.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant (right to buy) $ 11.5 ( 1 ) ( 3 ) 08/22/2023 J( 1 )( 3 ) 1,393,343 ( 1 )( 3 ) ( 1 )( 3 ) Class A Common Stock 1,393,343 ( 1 ) 0 I Held through Unbound Holdco Ltd.
Warrant (right to buy) $ 11.5 ( 1 ) ( 3 ) 08/22/2023 J( 1 )( 3 ) 1,393,343 ( 1 )( 3 ) ( 1 )( 3 ) Class A Common Stock 1,393,343 ( 1 ) 1,393,343 I Held through Unbound Holdco Ltd.
Class B Ordinary Shares ( 2 ) 08/22/2023 C( 2 ) 1,159,375 ( 2 ) ( 2 ) Class A Common Stock 1,159,375 ( 2 ) 0 I Held through Unbound Holdco Ltd.
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Mittal Shravin
20 NORTH AUDLEY STREET
LONDON, X0W1K 6LX
Former Director
Signatures
/s/ Arnaud Massenet, attorney-in-fact for Shravin Mittal 08/24/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On August 22, 2023, in connection with the completion of the Issuer's (as defined below) initial business combination (the "Business Combination") pursuant to the Agreement and Plan of Merger (as amended, the "Merger Agreement"), dated May 10, 2021, by and among Aurora Acquisition Corp. ("Aurora"), Aurora Merger Sub I, Inc., and Better Holdco Inc., outstanding units of Aurora automatically separated and converted, with each unit converting into one share of the Issuer's Class A common stock and one-quarter of one warrant to purchase shares of common stock of the Issuer (each, an "Issuer Warrant") for no additional consideration. The Issuer Warrants have an exercise price of $11.50 and will expire on August 22, 2028, five years from the completion of the Business Combination, or earlier upon redemption or liquidation. As part of the Business Combination, Aurora changed its name to Better Home & Finance Holding Company (the "Issuer").
( 2 )In connection with the completion of the Business Combination, the Class B ordinary shares of Aurora, par value $0.0001 per share, automatically converted into shares of the Issuer's Class A common stock on a one-for-one basis for no additional consideration.
( 3 )In connection with the completion of the Business Combination, the warrants to purchase Class A ordinary shares of Aurora that were sold in a private placement that closed simultaneously with Aurora's initial public offering automatically converted into Issuer Warrants.

Remarks:
This "exit" Form 4 is filed voluntarily to report that, as a result of the Business Combination, the Reporting Person is no longer serving as a director of the Issuer, effective as of August 22, 2023, and therefore is no longer subject to Section 16 reporting requirements. Mr. Mittal did not have any other transactions in the Issuer's securities during the time that he was a Section 16 reporting person other than those previously disclosed in the Initial Statement of Beneficial Ownership of Securities on Form 3, filed on March 23, 2021.Exhibit 24.1 - Power of Attorney

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