Eric Liaw - 16 Sep 2022 Form 4 Insider Report for Lulu's Fashion Lounge Holdings, Inc. (LVLU)

Signature
/s/ Eric Liaw
Issuer symbol
LVLU
Transactions as of
16 Sep 2022
Net transactions value
$0
Form type
4
Filing time
20 Sep 2022, 20:44:22 UTC
Previous filing
22 Aug 2022
Next filing
11 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LVLU Common Stock Other -6,522 -73% 2,437 16 Sep 2022 Direct F1, F2
transaction LVLU Common Stock Other +3,262 3,262 16 Sep 2022 Directly held by Institutional Venture Management XV, LLC F1, F3
transaction LVLU Common Stock Other +3,260 3,260 16 Sep 2022 Directly held by Institutional Venture Management XVI, LLC F1, F4
holding LVLU Common Stock (RSUs) 28,047 16 Sep 2022 Direct F2
holding LVLU Common Stock 3,730,160 16 Sep 2022 Directly held by Institutional Venture Partners XV, L.P. F5
holding LVLU Common Stock 19,843 16 Sep 2022 Directly held by Institutional Venture Partners XV Executive Fund, L.P. F6
holding LVLU Common Stock 3,749,997 16 Sep 2022 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 the transfer of shares received by the Reporting Person upon the settlement of restricted stock units ("RSUs") that the Reporting Person received pursuant to the Issuer's non-employee director compensation policy. Pursuant to a series of Director Compensation Assignment Agreements, the Reporting Person has agreed to assign the beneficial interest in any equity awards granted to him for his service as director of the Issuer to Institutional Venture Management XV, LLC ("IVM XV") and Institutional Venture Management XVI, LLC ("IVM XVI").
F2 Pursuant to a series of Director Compensation Assignment Agreements, these securities are held directly by the Reporting Person for the benefit of IVM XV and IVM XVI. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
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 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 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.