0001875444-24-000054.txt : 20240416
0001875444-24-000054.hdr.sgml : 20240416
20240416185819
ACCESSION NUMBER: 0001875444-24-000054
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240110
FILED AS OF DATE: 20240416
DATE AS OF CHANGE: 20240416
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Nachiappan Venkatachalam
CENTRAL INDEX KEY: 0001887156
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41009
FILM NUMBER: 24849028
MAIL ADDRESS:
STREET 1: C/O ARHAUS, INC.
STREET 2: 51 EAST HINES HILL ROAD
CITY: BOSTON HEIGHTS
STATE: OH
ZIP: 44236
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Arhaus, Inc.
CENTRAL INDEX KEY: 0001875444
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FURNITURE STORES [5712]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 871729256
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 51 EAST HINES HILL ROAD
CITY: BOSTON HEIGHTS
STATE: OH
ZIP: 44236
BUSINESS PHONE: 440-439-7700
MAIL ADDRESS:
STREET 1: 51 EAST HINES HILL ROAD
CITY: BOSTON HEIGHTS
STATE: OH
ZIP: 44236
4
1
wk-form4_1713308290.xml
FORM 4
X0508
4
2024-01-10
0
0001875444
Arhaus, Inc.
ARHS
0001887156
Nachiappan Venkatachalam
C/O ARHAUS, INC.
51 E. HINES HILL ROAD
BOSTON HEIGHTS
OH
44236
0
1
0
0
Chief Information Officer
0
Call Option (right to buy)
12.50
2024-01-10
4
S
0
79
91
A
2024-05-17
Class A Common Stock
7900
79
D
Put Option (right to sell)
12.50
2024-01-10
4
P
0
79
241
A
2024-05-17
Class A Common Stock
7900
79
D
Call Option (right to buy)
12.50
2024-01-22
4
P
0
79
130
D
2024-05-17
Class A Common Stock
7900
0
D
Put Option (right to sell)
12.50
2024-01-22
4
S
0
79
173
D
2024-05-17
Class A Common Stock
7900
0
D
Performance Share Units
2024-04-12
4
A
0
13613
0
A
2026-12-31
Class A Common Stock
13613
13613
D
Restricted Stock Units
2024-04-12
4
A
0
4538
0
A
Class A Common Stock
4538
4538
D
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.
Denotes option exercisable at any time prior to the expiration date.
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.
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.
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.
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.
/s/ Suzanne Hanselman, Attorney-in-Fact
2024-04-16