Venkatachalam Nachiappan - 10 Jan 2024 Form 4 Insider Report for Arhaus, Inc. (ARHS)

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	Call Option (right to buy)	Sale	$7,189	+79		$91.00^*	79	10 Jan 2024	Class A Common Stock	7,900	$12.50	Direct	F1, F2
transaction	ARHS	Put Option (right to sell)	Purchase	$19,039	+79		$241.00^*	79	10 Jan 2024	Class A Common Stock	7,900	$12.50	Direct	F1, F2
transaction	ARHS	Call Option (right to buy)	Purchase	$10,270	-79	-100%	$130.00^*	0	22 Jan 2024	Class A Common Stock	7,900	$12.50	Direct	F1, F2
transaction	ARHS	Put Option (right to sell)	Sale	$13,667	-79	-100%	$173.00^*	0	22 Jan 2024	Class A Common Stock	7,900	$12.50	Direct	F1, F2
transaction	ARHS	Performance Share Units	Award	$0	+13,613		$0.000000	13,613	12 Apr 2024	Class A Common Stock	13,613		Direct	F3, F4
transaction	ARHS	Restricted Stock Units	Award	$0	+4,538		$0.000000	4,538	12 Apr 2024	Class A Common Stock	4,538		Direct	F5, F6

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

Id	Content
F1	These transactions were inadvertently made by the Reporting Person's broker. Upon learning of the transactions, the Reporting Person instructed his broker to reverse the transactions. Pursuant to Rule 16b-6(c)(2), there was no disgorgeable profit as a result of the transactions reported herein.
F2	Denotes option exercisable at any time prior to the expiration date.
F3	Each Performance Share Unit ("PSU") represents a contingent right to receive one share of Class A Common Stock, subject to the achievement of applicable performance criteria over a three-year performance period beginning January 1, 2024 and ending on December 31, 2026. The target number of PSUs is reported in Column 5. The number of shares to be earned and issued may be 0%-200% of the target number of PSUs depending on actual performance.
F4	Subject to the Reporting Person's continuous employment with the Issuer, the PSUs granted vest on December 31, 2026, but the PSUs will not settle and payout until the number of PSUs earned is determined by the Issuer's Compensation Committee based on the Company's achievement of performance goals.
F5	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock, subject to the Reporting Person's continuous service to the Issuer.
F6	Subject to the Reporting Person's continuous service to the Issuer, the RSUs vest pro rata on the first, second, and third anniversaries of the transaction date.