Walter Field McLallen - Jun 5, 2021 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Director
Signature
/s/ Megan C. Preneta, Attorney-in-Fact
Stock symbol
LOVE
Transactions as of
Jun 5, 2021
Transactions value $
$0
Form type
4
Date filed
6/8/2021, 08:28 PM
Next filing
Jun 30, 2021

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 +4.13K +296.62% $0.00 5.52K Jun 5, 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 -4.13K -100% $0.00* 0 Jun 5, 2021 Common Stock 4.13K Direct F1, F2
transaction LOVE Restricted Stock Units Award $0 +1.25K $0.00 1.25K Jun 7, 2021 Common Stock 1.25K 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