Jeffrey Kuo - Sep 23, 2021 Form 3 Insider Report for Brilliant Earth Group, Inc. (BRLT)

Role
Chief Financial Officer
Signature
/s/ Jeffrey Chuenhong Kuo
Stock symbol
BRLT
Transactions as of
Sep 23, 2021
Transactions value $
$0
Form type
3
Date filed
9/23/2021, 07:30 PM
Next filing
Sep 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BRLT Class B Common Stock 138K Sep 23, 2021 Held by the Alpha Echo Family Protection Trust
holding BRLT Class B Common Stock 138K Sep 23, 2021 Held by the Beta Echo Family Protection Trust
holding BRLT Class B Common Stock 673K Sep 23, 2021 Direct

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 BRLT Common Units Sep 23, 2021 Class A Common Stock 326K Direct F1, F2
holding BRLT Common Units Sep 23, 2021 Class A Common Stock 138K Held by the Alpha Echo Family Protection Trust F2, F3
holding BRLT Common Units Sep 23, 2021 Class A Common Stock 138K Held by the Beta Echo Family Protection Trust F2, F3
holding BRLT Common Units Sep 23, 2021 Class A Common Stock 558K Direct F2, F3
holding BRLT Options (Right to Buy) Sep 23, 2021 Class A Common Stock 45.4K $12.00 Direct F4
holding BRLT Options (Right to Buy) Sep 23, 2021 Class A Common Stock 9.11K $12.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A portion of the Common Units will vest immediately upon issuance. The remaining non-vested Common Units vest as to 1/48th of the underlying shares in 31 substantially equal monthly installments, commencing on September 30, 2021, such that the Common Units will become fully vested on March 31, 2024.
F2 The Common Units may be redeemed by the Reporting Person at any time on or following the closing of the Initial Public Offering for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forfeited in connection with the redemption. The Common Units have no expiration date.
F3 The Common Units are fully vested.
F4 A portion of the options will vest immediately upon issuance. The remaining non-vested options vest and become exercisable as to the underlying shares in 31 substantially equal monthly installments commencing on September 30, 2021, such that the underlying shares will become fully vested on March 31, 2024.
F5 The option is fully vested and exercisable.

Remarks:

Exhibit 24 - Power of Attorney.