Sharon M. Leite - 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, 20:27:42 UTC
Next filing
08 Jun 2021
SEC
View on sec.gov

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 Award $0 +1,245 $0.000000 1,245 07 Jun 2021 Common Stock 1,245 Direct F1, F2
transaction LOVE Restricted Stock Units Award $0 +786 $0.000000 786 07 Jun 2021 Common Stock 786 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each time-based restricted stock unit ("RSU") represents the contingent right to receive one share of the Issuer's common stock.
F2 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.
F3 On June 7, 2021, the Reporting Person received a grant of 786 RSUs, which vest in two equal installments on the first and second anniversaries of the grant date.