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Mark-Paul Gosselaar is engaged

HOLLYWOOD, CA - MARCH 26: Actor Mark-Paul Gosselaar (L) and Catriona McGinn attend Nintendo 3DS exclusive launch event at Siren Studios on March 26, 2011 in Hollywood, California. (Photo by Jason Merritt/Getty Images for Nintendo) *** Local Caption *** Mark-Paul Gosselaar;Catriona McGinn
Jason Merritt
Mark-Paul Gosselaar and Catriona McGinn attend Nintendo 3DS exclusive launch event on March 26, 2011, in Hollywood, Calif.
Getty

(CBS) Mark-Paul Gosselaar is getting married.

The former "Saved by the Bell" star is engaged to advertising executive Catriona McGinn.

Pictures: Celebrity weddings and engagements

People magazine reports that the actor proposed with a 5 carat cushion-cut diamond ring, custom designed by jeweler Neil Lane.

"He couldn't wait to propose," Lane told the magazine. "He was so excited to have found the woman of his dreams."

Gosselaar, 36, was previously married to Lisa Ann Russell. Their divorce was finalized in May. They have two children together - son Michael, 7, and daughter Ava, 5.