4//SEC Filing
Grossberg Eric Scott 4
Accession 0001866757-22-000043
CIK 0001866757other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 9:09 PM ET
Size
39.4 KB
Accession
0001866757-22-000043
Insider Transaction Report
Form 4
Grossberg Eric Scott
DirectorExecutive Chairman10% Owner
Transactions
- Conversion
Class A Common Stock
2022-02-14+12,536→ 12,536 total(indirect: See Footnote) - Conversion
Class A Common Stock
2022-02-15+48,595→ 48,595 total(indirect: See Footnote) - Conversion
Class A Common Stock
2022-02-16+3,526→ 3,526 total(indirect: See Footnote) - Other
Class C Common Stock
2022-02-16−3,526→ 49,119,976 total(indirect: See Footnote) - Sale
Class A Common Stock
2022-02-14$12.10/sh−12,536$151,686→ 0 total(indirect: See Footnote) - Sale
Class A Common Stock
2022-02-15$12.05/sh−48,595$585,570→ 0 total(indirect: See Footnote) - Conversion
Class D Common Stock
2022-02-14+12,536→ 12,536 total(indirect: See Footnote)Exercise: $0.00→ Class A Common Stock (12,536 underlying) - Conversion
Common Units
2022-02-15−48,595→ 49,123,502 total(indirect: See Footnote)Exercise: $0.00→ Class D Common Stock (48,595 underlying) - Other
Class C Common Stock
2022-02-14−12,536→ 49,172,097 total(indirect: See Footnote) - Conversion
Class D Common Stock
2022-02-15−48,595→ 0 total(indirect: See Footnote)Exercise: $0.00→ Class A Common Stock (48,595 underlying) - Other
Class C Common Stock
2022-02-15−48,595→ 49,123,502 total(indirect: See Footnote) - Sale
Class A Common Stock
2022-02-16$12.03/sh−3,526$42,418→ 0 total(indirect: See Footnote) - Conversion
Common Units
2022-02-14−12,536→ 49,172,097 total(indirect: See Footnote)Exercise: $0.00→ Class D Common Stock (12,536 underlying) - Conversion
Class D Common Stock
2022-02-14−12,536→ 0 total(indirect: See Footnote)Exercise: $0.00→ Class A Common Stock (12,536 underlying) - Conversion
Class D Common Stock
2022-02-15+48,595→ 48,595 total(indirect: See Footnote)Exercise: $0.00→ Class A Common Stock (48,595 underlying) - Conversion
Common Units
2022-02-16−3,526→ 49,119,976 total(indirect: See Footnote)Exercise: $0.00→ Class D Common Stock (3,526 underlying) - Conversion
Class D Common Stock
2022-02-16−3,526→ 0 total(indirect: See Footnote)Exercise: $0.00→ Class A Common Stock (3,526 underlying) - Conversion
Class D Common Stock
2022-02-16+3,526→ 3,526 total(indirect: See Footnote)Exercise: $0.00→ Class A Common Stock (3,526 underlying)
Footnotes (8)
- [F1]Held by Just Rocks, Inc. The Reporting Person owns his shares of Just Rocks, Inc. through The Eric S. Grossberg 2021 Annuity Trust and The Eric S. Grossberg Revocable Trust. Mr. Grossberg is the Trustee of the foregoing trusts and has voting power and investment power over the shares owned through such trusts.
- [F2]This Form 4 reports transactions by Just Rocks, Inc. effected pursuant to a Rule 10b5-1 trading plan adopted on December 3, 2021. Each of Beth Gerstein and Just Rocks, Inc. has also separately filed a Form 4 as required by SEC rules to disclose the same transactions reported herein.
- [F3]This transaction was executed in multiple trades ranging from $12.00 to $12.315. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
- [F4]Reflects the cancellation for no consideration of Class C Common Stock in connection with the redemption of Common Units for Class D Common Stock.
- [F5]This transaction was executed in multiple trades ranging from $12.00 to $12.15. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
- [F6]This transaction was executed in multiple trades ranging from $12.00 to $12.13. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
- [F7]The Common Units may be redeemed by Just Rocks Inc., at any time for shares of Class D Common Stock on a one-to-one basis, and a corresponding number of shares of Class C Common Stock will be forfeited in connection with the redemption. The Common Units have no expiration date.
- [F8]The Class D Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.
Documents
Issuer
Brilliant Earth Group, Inc.
CIK 0001866757
Entity typeother
Related Parties
1- filerCIK 0001884137
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 9:09 PM ET
- Size
- 39.4 KB