LCG4 Best, L.P. - Aug 22, 2023 Form 3 Insider Report for Better Home & Finance Holding Co (BETR)

Role: 10%+ Owner
Signature: LCG4 Best, L.P., By L Catterton Growth Managing Partner IV, L.P., its general partner, By LCG4 Managers, L.L.C., its general partner, By /s/ Daniel T. Reid, as authorized signatory
Stock symbol: BETR
Transactions as of: Aug 22, 2023
Transactions value $: $0
Form type: 3
Date filed: 9/14/2023, 09:01 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	BETR	Class B Common Stock							Aug 22, 2023	Class A Common Stock	23.2M		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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 the founder of Better Holdco (as defined below).
F2	The Reporting Person received 23,203,001 shares of Class B Common Stock of the Issuer in exchange for 300,000 shares of Class B Common Stock, 125,346 shares of Class C Preferred Stock and 7,165,842 shares of Class D Preferred Stock 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.
F3	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".

Remarks:

The Issuer has informed the Reporting Person that, as of August 31, 2023, there were 343,874,888 shares of Class A Common Stock outstanding. Accordingly, as of the date of this Form 3, the Reporting Person is no longer a 10% holder of Class A Common Stock.