4//SEC Filing
Nachiappan Venkatachalam 4
Accession 0001875444-24-000054
CIK 0001875444other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 6:58 PM ET
Size
17.1 KB
Accession
0001875444-24-000054
Insider Transaction Report
Form 4
Arhaus, Inc.ARHS
Nachiappan Venkatachalam
Chief Information Officer
Transactions
- Purchase
Call Option (right to buy)
2024-01-22$130.00/sh−79$10,270→ 0 totalExercise: $12.50Exp: 2024-05-17→ Class A Common Stock (7,900 underlying) - Sale
Call Option (right to buy)
2024-01-10$91.00/sh+79$7,189→ 79 totalExercise: $12.50Exp: 2024-05-17→ Class A Common Stock (7,900 underlying) - Purchase
Put Option (right to sell)
2024-01-10$241.00/sh+79$19,039→ 79 totalExercise: $12.50Exp: 2024-05-17→ Class A Common Stock (7,900 underlying) - Sale
Put Option (right to sell)
2024-01-22$173.00/sh−79$13,667→ 0 totalExercise: $12.50Exp: 2024-05-17→ Class A Common Stock (7,900 underlying) - Award
Performance Share Units
2024-04-12+13,613→ 13,613 totalExp: 2026-12-31→ Class A Common Stock (13,613 underlying) - Award
Restricted Stock Units
2024-04-12+4,538→ 4,538 total→ Class A Common Stock (4,538 underlying)
Footnotes (6)
- [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.
Documents
Issuer
Arhaus, Inc.
CIK 0001875444
Entity typeother
Related Parties
1- filerCIK 0001887156
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 6:58 PM ET
- Size
- 17.1 KB