Beth Tamara Gerstein - 23 Sep 2021 Form 3 Insider Report for Brilliant Earth Group, Inc. (BRLT)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Jeffrey Kuo as Attorney-in-fact for Beth Tamara Gerstein
Issuer symbol
BRLT
Transactions as of
23 Sep 2021
Transactions value $
$0
Form type
3
Filing time
23 Sep 2021, 19:32:32 UTC
Next filing
28 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BRLT Class C Common Stock 50,232,863 23 Sep 2021 See Footnote F1, 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 Common Units 23 Sep 2021 Class D Common Stock 50,232,863 See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class C Common Stock will automatically convert into one share of Class B Common Stock upon the earlier of (1) the 10-year anniversary of the date of the closing of the Issuer's Initial Public Offering and (2) the date on which the Reporting Person ceases to beneficially hold at least 8% of the aggregate number of shares of all classes of the Issuer's Common Stock then outstanding.
F2 Held by Just Rocks, Inc. The Reporting Person owns her shares of Just Rocks, Inc. through The Beth T. Gerstein 2021 Annuity Trust, The Alexander M. Sutton 2021 Annuity Trust and The Sutton-Gerstein Family Trust, each of which Ms. Gerstein is the Trustee and has voting power and investment power over such shares.
F3 The Common Units may be redeemed by the Reporting Person at any time on or following the closing of the Initial Public Offering for shares of Class D Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class C Common Stock will be forefeited in connection with the redemption. The Common Units have no expiration date.

Remarks:

Exhibit 24 - Power of Attorney.