| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LAZY | Common Stock, par value $0.0001 | Sale | -$7.82K | -615 | -0.14% | $12.71 | 426K | Oct 31, 2022 | Kanen Wealth Management, LLC | F1, F2 |
| transaction | LAZY | Common Stock, par value $0.0001 | Sale | -$12.6K | -900 | -0.21% | $14.04 | 425K | Nov 22, 2022 | Kanen Wealth Management, LLC | F1, F2 |
| transaction | LAZY | Common Stock, par value $0.0001 | Sale | -$114K | -6.7K | -1.58% | $17.07 | 418K | Nov 29, 2022 | Kanen Wealth Management, LLC | F1, F2 |
| transaction | LAZY | Common Stock, par value $0.0001 | Sale | -$182K | -13.5K | -3.23% | $13.46 | 405K | Dec 5, 2022 | Kanen Wealth Management, LLC | F1, F2 |
| transaction | LAZY | Common Stock, par value $0.0001 | Sale | -$1.44M | -107K | -100% | $13.46 | 0 | Dec 5, 2022 | Philotimo Focused Growth and Income Fund | F1, F4 |
| holding | LAZY | Common Stock, par value $0.0001 | 4.98K | Oct 31, 2022 | Direct | F1 | |||||
| holding | LAZY | Common Stock, par value $0.0001 | 250K | Oct 31, 2022 | Philotimo Fund, LP | F1, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LAZY | Warrants (right to buy) | Purchase | $300 | +300 | +0.12% | $1.00* | 240K | Oct 31, 2022 | Common Stock | 150 | $11.50 | Philotimo Focused Growth and Income Fund | F1, F4, F5 |
| holding | LAZY | Warrants (right to buy) | 576K | Oct 31, 2022 | Common Stock | 288K | $11.50 | Philotimo Fund, LP | F1, F3, F5 |
David Kanen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | This Form 4 is filed jointly by David Kanen, Kanen Wealth Management, LLC ("KWM"), Philotimo Fund, LP, and Philotimo Focused Growth and Income Fund (collectively, the "Reporting Persons"). As of December 5, 2022, the Reporting Persons ceased to beneficially own in the aggregate more than 10% of the Issuer's outstanding Common Stock. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose. |
| F2 | Securities directly beneficially owned by KWM. Mr. Kanen, as the managing member of KWM, may be deemed to beneficially own the securities owned by KWM. |
| F3 | Securities directly beneficially owned by Philotimo Fund, LP. KWM, as the general partner of Philotimo Fund, LP, and Mr. Kanen, as the managing member of KWM, may be deemed to beneficially own the securities owned by Philotimo Fund, LP. |
| F4 | Securities directly beneficially owned by Philotimo Focused Growth and Income Fund. KWM, as the investment manager of Philotimo Focused Growth and Income Fund, and Mr. Kanen, as the managing member of KWM, may be deemed to beneficially own the securities owned by Philotimo Focused Growth and Income Fund. |
| F5 | Immediately exercisable. |
The Reporting Persons will disgorge any statutory "profits" resutling from the transactions reported herein pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, to the Issuer in the amount of $695.70, representing the maximum amount of profits for which the Reporting Persons may be liable.