Just Rocks, Inc. - 14 Feb 2022 Form 4 Insider Report for Brilliant Earth Group, Inc. (BRLT)

Role
10%+ Owner
Signature
/s/ Jeffrey Kuo as Attorney-in-fact
Issuer symbol
BRLT
Transactions as of
14 Feb 2022
Net transactions value
-$779,673
Form type
4
Filing time
16 Feb 2022, 20:08:48 UTC
Previous filing
14 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRLT Class A Common Stock Conversion of derivative security $0 +12,536 $0.000000 12,536 14 Feb 2022 Direct
transaction BRLT Class A Common Stock Sale $151,686 -12,536 -100% $12.10 0 14 Feb 2022 Direct F1, F2
transaction BRLT Class C Common Stock Other $0 -12,536 -0.03% $0.000000 49,172,097 14 Feb 2022 Direct F3
transaction BRLT Class A Common Stock Conversion of derivative security $0 +48,595 $0.000000 48,595 15 Feb 2022 Direct
transaction BRLT Class A Common Stock Sale $585,570 -48,595 -100% $12.05 0 15 Feb 2022 Direct F1, F4
transaction BRLT Class C Common Stock Other $0 -48,595 -0.1% $0.000000 49,123,502 15 Feb 2022 Direct F3
transaction BRLT Class A Common Stock Conversion of derivative security $0 +3,526 $0.000000 3,526 16 Feb 2022 Direct
transaction BRLT Class A Common Stock Sale $42,418 -3,526 -100% $12.03 0 16 Feb 2022 Direct F1, F5
transaction BRLT Class C Common Stock Other $0 -3,526 -0.01% $0.000000 49,119,976 16 Feb 2022 Direct F3

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 Conversion of derivative security $0 -12,536 -0.03% $0.000000 49,172,097 14 Feb 2022 Class D Common Stock 12,536 $0.000000 Direct F6
transaction BRLT Class D Common Stock Conversion of derivative security $0 +12,536 $0.000000 12,536 14 Feb 2022 Class A Common Stock 12,536 $0.000000 Direct F7
transaction BRLT Class D Common Stock Conversion of derivative security $0 -12,536 -100% $0.000000* 0 14 Feb 2022 Class A Common Stock 12,536 $0.000000 Direct F7
transaction BRLT Common Units Conversion of derivative security $0 -48,595 -0.1% $0.000000 49,123,502 15 Feb 2022 Class D Common Stock 48,595 $0.000000 Direct F6
transaction BRLT Class D Common Stock Conversion of derivative security $0 +48,595 $0.000000 48,595 15 Feb 2022 Class A Common Stock 48,595 $0.000000 Direct F7
transaction BRLT Class D Common Stock Conversion of derivative security $0 -48,595 -100% $0.000000* 0 15 Feb 2022 Class A Common Stock 48,595 $0.000000 Direct F7
transaction BRLT Common Units Conversion of derivative security $0 -3,526 -0.01% $0.000000 49,119,976 16 Feb 2022 Class D Common Stock 3,526 $0.000000 Direct F6
transaction BRLT Class D Common Stock Conversion of derivative security $0 +3,526 $0.000000 3,526 16 Feb 2022 Class A Common Stock 3,526 $0.000000 Direct F7
transaction BRLT Class D Common Stock Conversion of derivative security $0 -3,526 -100% $0.000000* 0 16 Feb 2022 Class A Common Stock 3,526 $0.000000 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 reports transactions by Just Rocks, Inc., the reporting person, effected pursuant to a Rule 10b5-1 trading plan adopted on December 3, 2021. Each of Beth Gerstein and Eric Grossberg has also separately filed a Form 4 as required by SEC rules to disclose the same transactions reported herein.
F2 This transaction was executed in multiple trades ranging from $12.00 to $12.315. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
F3 Reflects the cancellation for no consideration of Class C Common Stock in connection with the redemption of Common Units for Class D Common Stock.
F4 This transaction was executed in multiple trades ranging from $12.00 to $12.15. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades ranging from $12.00 to $12.13. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
F6 The Common Units may be redeemed by the Reporting Person at any time for shares of Class D Common Stock on a one-to-one basis, and a corresponding number of shares of Class C Common Stock will beforfeited in connection with the redemption. The Common Units have no expiration date.
F7 The Class D Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.