Just Rocks, Inc. 3
3 · Brilliant Earth Group, Inc. · Filed Sep 23, 2021
Insider Transaction Report
Form 3
Just Rocks, Inc.
10% Owner
Holdings
Common Units
→ Class D Common Stock (50,232,863 underlying)- 50,232,863
Class C Common Stock
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]The Common Units may be redeemed by the Reporting Person at any time on or following the closing of the Initial Public Offering for shares of Class D Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class C Common Stock will be forefeited in connection with the redemption. The Common Units have no expiration date.