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
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 +421K +42135% $0.00 422K 20 Dec 2021 By 1985 Trust F1
transaction ARHS Class A Common Stock Other $0 -421K -99.76% $0.00 1K 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 10K 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 -421K -0.99% $0.00 42.1M 20 Dec 2021 Class A Common Stock 421K $0.00 By 1985 Trust F3
holding ARHS Class B Common Stock 2.98M 20 Dec 2021 Class A Common Stock 2.98M $0.00 Direct F3
holding ARHS Class B Common Stock 7.04M 20 Dec 2021 Class A Common Stock 7.04M $0.00 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.