John P. Reed - 20 Dec 2021 Form 4 Insider Report for Arhaus, Inc. (ARHS)

Role: CEO and Chairman, Director, 10%+ Owner
Signature: /s/ Suzanne Hanselman Attorney-in-Fact
Issuer symbol: ARHS
Transactions as of: 20 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 21 Dec 2021, 15:22:16 UTC
Previous filing: 15 Dec 2021
Next filing: 05 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARHS	Class A Common Stock	Conversion of derivative security	$0	+421,350	+42135%	$0.000000	422,350	20 Dec 2021	By 1985 Trust	F1
transaction	ARHS	Class A Common Stock	Other	$0	-421,350	-100%	$0.000000	1,000	20 Dec 2021	By 1985 Trust	F1, F2
holding	ARHS	Class A Common Stock						100	20 Dec 2021	As Custodian
holding	ARHS	Class A Common Stock						10,000	20 Dec 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
transaction	ARHS	Class B Common Stock	Conversion of derivative security	$0	-421,350	-0.99%	$0.000000	42,095,271	20 Dec 2021	Class A Common Stock	421,350	$0.000000	By 1985 Trust	F3
holding	ARHS	Class B Common Stock						2,982,988	20 Dec 2021	Class A Common Stock	2,982,988	$0.000000	Direct	F3
holding	ARHS	Class B Common Stock						7,035,433	20 Dec 2021	Class A Common Stock	7,035,433	$0.000000	By GRAT	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 1,000 shares originally reported on Form 4 dated December 10, 2021, as being held by John P Reed Irrevocable Trust, dated 03/25/2013. The correct name of the trust is The John P Reed Trust dated 04/29/1985, as amended (the "1985 Trust").
F2	As reported on a Form 8-K filed by Arhaus, Inc. (the "Company"), on December 21, 2021, in connection with the Company's recent initial public offering, the Reporting Person transferred shares to certain employees of the Company to recognize their contributions to the Company.
F3	Class B Common Stock is convertible into an equal number of shares of Class A Common Stock at any time, at the holder's election, and it is automatically convertible upon the terms and conditions set forth in the Issuer's Amended and Restated Certificate of Incorporation, and has no expiration date.