Shirley Romig - 05 Jun 2021 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Director
Signature
/s/ Megan C. Preneta, Attorney-in-Fact
Issuer symbol
LOVE
Transactions as of
05 Jun 2021
Net transactions value
$0
Form type
4
Filing time
08 Jun 2021, 20:26:02 UTC
Next filing
04 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOVE Common Stock, $0.00001 par value Award $0 +4,126 +85% $0.000000 8,994 05 Jun 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LOVE Restricted Stock Units Options Exercise $0 -4,126 -100% $0.000000* 0 05 Jun 2021 Common Stock 4,126 Direct F1, F2
transaction LOVE Restricted Stock Units Award $0 +1,245 $0.000000 1,245 07 Jun 2021 Common Stock 1,245 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares were acquired upon the vesting of time-based restricted stock units ("RSUs") granted on June 5, 2020.
F2 Each RSU represents the contingent right to receive one share of the Issuer's common stock.
F3 On June 7, 2021, the Reporting Person received a grant of 1,245 RSUs, which vest on the earlier of the first anniversary of the grant date or the date of the Issuer's annual meeting to be held in 2022.

Remarks:

Exhibit 24 - Power of Attorney