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

Role
Director
Signature
/s/ Jeffrey Kuo as Attorney-in-fact for Ian M. Bickley
Stock symbol
BRLT
Transactions as of
Sep 23, 2021
Transactions value $
$0
Form type
3
Date filed
9/23/2021, 07:38 PM
Previous filing
Sep 17, 2021
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 1.72K 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 27.4K Direct F1, F2
holding BRLT Options (Right to Buy) Sep 23, 2021 Class A Common Stock 60.7K $12.00 Direct F3
* 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 45 substantially equal monthly installments, commencing on September 30, 2021, such that the Common Units will become fully vested on May 31, 2025.
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 forefeited in connection with the redemption. The Common Units have no expiration date.
F3 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 45 substantially equal monthly installments commencing on September 30, 2021, such that the underlying shares will become fully vested on May 31, 2025.

Remarks:

Exhibit 24 - Power of Attorney.