New insider Sedor Christian claimed ownership of 946 shares (SEC Form 3)
$ARHS
Other Specialty Stores
Consumer Discretionary
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 01/08/2025 |
3. Issuer Name and Ticker or Trading Symbol
Arhaus, Inc. [ ARHS ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Class A Common Stock | 946 | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Restricted Stock Units | (1) | (1) | Class A Common Stock | 1,000 | $0(2) | D | |
| Performance Share Units | (3) | 12/31/2024 | Class A Common Stock | 1,000 | $0(4) | D | |
| Restricted Stock Units | (5) | (5) | Class A Common Stock | 1,709 | $0(2) | D | |
| Performance Share Units | (6) | 12/31/2025 | Class A Common Stock | 854 | $0(7) | D | |
| Restricted Stock Units | (8) | (8) | Class A Common Stock | 2,723 | $0(2) | D | |
| Performance Share Units | (9) | 12/31/2026 | Class A Common Stock | 2,723 | $0(10) | D | |
| Explanation of Responses: |
| 1. The Restricted Stock Units ("RSUs") were granted on August 2, 2022. 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 grant date. |
| 2. Each 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. |
| 3. The Performance Share Units ("PSUs") were granted on August 2, 2022. Subject to the Reporting Person's continuous employment with the Issuer, the PSUs granted vest on December 31, 2024, 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. |
| 4. Each 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, 2022 and ending on December 31, 2024. The target number of PSUs is reported in Column 3. The number of shares to be earned and issued may be 0%-200% of the target number of PSUs depending on actual performance. |
| 5. The RSUs were granted on March 10, 2023. 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 grant date. |
| 6. The PSUs were granted on March 10, 2023. Subject to the Reporting Person's continuous employment with the Issuer, the PSUs granted vest on December 31, 2025, 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. |
| 7. Each 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, 2023 and ending on December 31, 2025. The target number of PSUs is reported in Column 3. The number of shares to be earned and issued may be 0%-200% of the target number of PSUs depending on actual performance. |
| 8. The RSUs were granted on April 12, 2024. 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 grant date. |
| 9. The PSUs were granted on April 12, 2024. 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. |
| 10. Each 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 3. The number of shares to be earned and issued may be 0%-200% of the target number of PSUs depending on actual performance. |
| Remarks: |
| Exhibit List Exhibit 24-Power of Attorney |
| /s/ Christian Sedor | 01/17/2025 | |
| ** 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 5 (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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||