Form 4 for BRLT Brilliant Earth Group, Inc.
Accepted 2021-09-28 00:00:00 ET · period of report 2021-09-27 · accession 0000899243-21-038130 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-09-28 | 2021-09-27 | BRLT | Just Rocks, Inc. | 10% | D - Sale to Iss | $0.00 | -727.6K | 49.51M | -1% | $0 |
| D | 2021-09-28 | 2021-09-27 | BRLT | Just Rocks, Inc. | 10% | D - Sale to Iss | $11.22 | -727.6K | 49.51M | -1% | -$8.16M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class C Common Stock | 2021-09-27 | D | D | 727,613 | $0.00 | 49,505,250 | D | — | — | (F2) 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 hold at least 8% of the aggregate number of shares of all classes of the Issuer's Common Stock then outstanding. (F3) Beth Gerstein and Eric Grossberg are the joint shareholders of Just Rocks, Inc. through various trusts for which they are the trustees and have voting and investment power over. |
| 2 | Derivative | Common Units | 2021-09-27 | D | D | 727,613 | $11.22 | 49,505,250 | D | — · — to — | 727,613 Class D Common Stock | (F3) Beth Gerstein and Eric Grossberg are the joint shareholders of Just Rocks, Inc. through various trusts for which they are the trustees and have voting and investment power over. (F4) 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. (F6) The Common Units are fully vested. (F5) 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. |