Sharon Dziesietnik - 25 Aug 2024 Form 3 Insider Report for Brilliant Earth Group, Inc. (BRLT)

Role
Chief Operations Officer
Signature
/s/ Sharon Dziesietnik
Issuer symbol
BRLT
Transactions as of
25 Aug 2024
Net transactions value
$0
Form type
3
Filing time
04 Sep 2024, 15:01:09 UTC
Next filing
13 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BRLT Class A Common Stock 397,445 25 Aug 2024 Direct F1
holding BRLT Class B Common Stock 454,438 25 Aug 2024 Direct F2

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 Option (Right to Buy) 25 Aug 2024 Class A Common Stock 33,673 $12.00 Direct F3
holding BRLT Common Units 25 Aug 2024 Class A Common Stock 454,438 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 289,524 restricted stock units awarded pursuant to the Issuer's 2021 Incentive Award Plan subject to time based vesting and the reporting person continuing to provide services to the Issuer or its subsidiaries through each applicable vesting date.
F2 Consists of 454,438 shares of Class B common stock and associated common units in Brilliant Earth LLC ("LLC Units"). Shares of Class B common stock of the Issuer confer no economic rights on the holders thereof. Holders of shares of Class B common stock are entitled to one vote per share on all matters to be voted on by holders of the Issuer's shares of Class A common stock. Upon exchange of LLC Units that are reported in Table II hereof, an equal number of shares of Class B common stock will be delivered to the Issuer and cancelled for no consideration. LLC Units do not expire.
F3 A portion of the options vested immediately upon issuance on September 21, 2021. The remaining options vested and become exercisable as to the underlying shares in 31 substantially equal monthly installments commencing on September 30, 2021, such that the underlying shares became fully vested on March 31, 2024.

Remarks:

Exhibit 24 - Power of Attorney