SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Gerstein Beth Tamara

(Last) (First) (Middle)
C/O BRILLIANT EARTH GROUP, INC.
300 GRANT AVENUE, THIRD FLOOR

(Street)
SAN FRANCISCO CA 94108

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Brilliant Earth Group, Inc. [ BRLT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/14/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/14/2022 C 12,536 A $0 12,536 I See Footnote(1)
Class A Common Stock 02/14/2022 S(2) 12,536 D $12.1(3) 0 I See Footnote(1)
Class C Common Stock 02/14/2022 J(4) 12,536 D $0 49,172,097 I See Footnote(1)
Class A Common Stock 02/15/2022 C 48,595 A $0 48,595 I See Footnote(1)
Class A Common Stock 02/15/2022 S(2) 48,595 D $12.05(5) 0 I See Footnote(1)
Class C Common Stock 02/15/2022 J(4) 48,595 D $0 49,123,502 I See Footnote(1)
Class A Common Stock 02/16/2022 C 3,526 A $0 3,526 I See Footnote(1)
Class A Common Stock 02/16/2022 S(2) 3,526 D $12.03(6) 0 I See Footnote(1)
Class C Common Stock 02/16/2022 J(4) 3,526 D $0 49,119,976 I See Footnote(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Units $0.0 02/14/2022 C 12,536 (7) (7) Class D Common Stock 12,536 $0 49,172,097 I See Footnote(1)
Class D Common Stock $0.0 02/14/2022 C 12,536 (8) (8) Class A Common Stock 12,536 $0 12,536 I See Footnote(1)
Class D Common Stock $0.0 02/14/2022 C 12,536 (8) (8) Class A Common Stock 12,536 $0 0 I See Footnote(1)
Common Units $0.0 02/15/2022 C 48,595 (7) (7) Class D Common Stock 48,595 $0 49,123,502 I See Footnote(1)
Class D Common Stock $0.0 02/15/2022 C 48,595 (8) (8) Class A Common Stock 48,595 $0 48,595 I See Footnote(1)
Class D Common Stock $0.0 02/15/2022 C 48,595 (8) (8) Class A Common Stock 48,595 $0 0 I See Footnote(1)
Common Units $0.0 02/16/2022 C 3,526 (7) (7) Class D Common Stock 3,526 $0 49,119,976 I See Footnote(1)
Class D Common Stock $0.0 02/16/2022 C 3,526 (8) (8) Class A Common Stock 3,526 $0 3,526 I See Footnote(1)
Class D Common Stock $0.0 02/16/2022 C 3,526 (8) (8) Class A Common Stock 3,526 $0 0 I See Footnote(1)
Explanation of Responses:
1. 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.
2. 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 Eric Grossberg and Just Rocks, Inc. has also separately filed a Form 4 as required by SEC rules to disclose the same transactions reported herein.
3. 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.
4. Reflects the cancellation for no consideration of Class C Common Stock in connection with the redemption of Common Units for Class D Common Stock.
5. 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.
6. 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.
7. 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.
8. 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
Remarks:
/s/ Jeffrey Kuo as Attorney-in-fact 02/16/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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