Eric Liaw - Jan 6, 2023 Form 4 Insider Report for Lulu's Fashion Lounge Holdings, Inc. (LVLU)

Role: Director
Signature: /s/ Alexa Pisczak as attorney-in-fact for Eric Liaw
Stock symbol: LVLU
Transactions as of: Jan 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/9/2023, 03:06 PM
Previous filing: Jan 4, 2023
Next filing: Mar 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LVLU	Common Stock	Award	$0	+7.62K	+24%	$0.00	39.3K	Jan 6, 2023	Direct	F1, F2
holding	LVLU	Common Stock						4.48K	Jan 6, 2023	Directly held by Institutional Venture Management XV, LLC	F3
holding	LVLU	Common Stock						4.48K	Jan 6, 2023	Directly held by Institutional Venture Management XVI, LLC	F4
holding	LVLU	Common Stock						3.73M	Jan 6, 2023	Directly held by Institutional Venture Partners XV, L.P.	F5
holding	LVLU	Common Stock						19.8K	Jan 6, 2023	Directly held by Institutional Venture Partners XV Executive Fund, L.P.	F6
holding	LVLU	Common Stock						3.75M	Jan 6, 2023	Directly held by Institutional Venture Partners XVI, L.P.	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of common stock, and which vested fully upon grant.
F2	Includes (a) 11,300 shares of common stock and (b) 28,047 RSUs, each of which represents a contingent right to receive one share of common stock. 22,397 RSUs were granted on January 31, 2022 and will vest in three equal, annual installments beginning on January 31, 2023, and 5,650 RSUs were granted on June 14, 2022 and will vest in full on the earlier of (i) the first anniversary of the grant date or (ii) immediately before the next Annual Meeting immediately following the grant date.
F3	The Reporting Person is a managing director of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVM XV. The Reporting Person disclaims beneficial ownership of the shares held by IVM XV except to the extent of his pecuniary interest therein.
F4	The Reporting Person is a managing director of IVM XVI and may be deemed to share voting and dispositive power over the shares held by IVM XVI. The Reporting Person disclaims beneficial ownership of the shares held by IVM XVI except to the extent of his pecuniary interest therein.
F5	Institutional Venture Management XV, LLC ("IVM XV") is the general partner of Institutional Venture Partners XV, L.P. ("IVP XV"). The Reporting Person is a managing director of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVP XV. The Reporting Person disclaims beneficial ownership of the shares held by IVP XV except to the extent of his pecuniary interest therein.
F6	IVM XV is the general partner of Institutional Venture Partners XV Executive Fund, L.P. ("IVP XV-EF"). The Reporting Person is a managing director of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVP XV-EF. The Reporting Person disclaims beneficial ownership of the shares held by IVP XV-EF except to the extent of his pecuniary interest therein.
F7	Institutional Venture Management XVI, LLC ("IVM XVI") is the general partner of Institutional Venture Partners XVI, L.P. (IVP XVI"). The Reporting Person is a managing director of IVM XVI and may be deemed to share voting and dispositive power over the shares held by IVP XVI. The Reporting Person disclaims beneficial ownership of the shares held by IVP XVI except to the extent of his pecuniary interest therein.