Arhaus, Inc. — Director's Dealing 2022

Jan 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arhaus, Inc. (ARHS)
CIK: 0001875444
Period of Report: 2022-01-03

Reporting Person: 2018 Reed Dynasty Trust (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-03	Class B Common Stock	$0.0	G	7035433	Acquired		Class A Common Stock (7035433.0)	Direct

Footnotes

F1: Upon termination of The John P. Reed 2019 GRAT (the "GRAT"), 7,035,433 shares of Class B Common Stock were transferred to the Reporting Person, the holder of the residual interest of the GRAT on January 3, 2022. The transfer of shares of Class B Common Stock to the Reporting Person constitutes a "Permitted Transfer" as defined in the Issuer's Amended and Restated Certificate of Incorporation. Accordingly, following the transfer, the shares remain shares of Class B Common Stock.

F2: 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. Two directors of the Issuer, Albert T. Adams and William Beargie, are co-trustees of the Reporting Person.