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Brilliant Earth Group, Inc. — Director's Dealing 2021
Sep 29, 2021
33676_dirs_2021-09-28_44401468-b4d6-4389-b710-0d1008e442f5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Brilliant Earth Group, Inc. (BRLT)
CIK: 0001866757
Period of Report: 2021-09-27
Reporting Person: Bickley Ian (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-27 | Class A Common Stock | P | 10000 | $12.00 | Acquired | 10000 | Direct |
| 2021-09-27 | Class B Common Stock | D | 25 | $0.00 | Disposed | 1690 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-27 | Common Units | $ | D | 25 | Disposed | Class A Common Stock (25) | Direct |
Footnotes
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: 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 45 substantially equal monthly installments, commencing on September 30, 2021, such that the Common Units will become fully vested on May 31, 2025.