Jeffrey Chuenhong Kuo - 27 Sep 2021 Form 4 Insider Report for Brilliant Earth Group, Inc. (BRLT)

Role
Chief Financial Officer
Signature
/s/ Jeffrey Kuo
Issuer symbol
BRLT
Transactions as of
27 Sep 2021
Net transactions value
-$154,241
Form type
4
Filing time
28 Sep 2021, 21:16:02 UTC
Previous filing
23 Sep 2021
Next filing
04 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRLT Class B Common Stock Disposed to Issuer $0 -9,753 -1.4% $0.000000 663,572 27 Sep 2021 Direct F1
transaction BRLT Class B Common Stock Disposed to Issuer $0 -1,997 -1.4% $0.000000 135,903 27 Sep 2021 Held by the Alpha Echo Family Protection Trust F1
transaction BRLT Class B Common Stock Disposed to Issuer $0 -1,997 -1.4% $0.000000 135,903 27 Sep 2021 Held by the Beta Echo Family Protection Trust F1

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
transaction BRLT Common Units Disposed to Issuer $90,646 -8,079 -1.4% $11.22 549,647 27 Sep 2021 Class A Common Stock 8,079 Direct F2, F3, F4
transaction BRLT Common Units Disposed to Issuer $22,406 -1,997 -1.4% $11.22 135,903 27 Sep 2021 Class A Common Stock 1,997 Held by the Alpha Echo Family Protection Trust F2, F3, F4
transaction BRLT Common Units Disposed to Issuer $22,406 -1,997 -1.4% $11.22 135,903 27 Sep 2021 Class A Common Stock 1,997 Held by the Beta Echo Family Protection Trust F2, F3, F4
transaction BRLT Common Units Disposed to Issuer $18,782 -1,674 -0.51% $11.22 324,725 27 Sep 2021 Class A Common Stock 1,674 Direct F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the cancellation for no consideration of Class B Common Stock in connection with the redemption of the Common Units for cash.
F2 The Common Units may be redeemed by the Reporting Person at any time 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 As described in the prospectus filed by the Issuer with the Securities and Exchange Commission, upon the closing of the initial public offering and the underwriters' exercise of the additional shares, the Issuer redeemed the Common Units from the Reporting Person.
F4 The Common Units are fully vested.
F5 A portion of the Common Units vested 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.

Remarks:

Exhibit 24 - Power of Attorney.