Walter Field McLallen - Jun 2, 2022 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Director
Signature
/s/ Megan C. Preneta, as Attorney-in-Fact for Walter McLallen
Stock symbol
LOVE
Transactions as of
Jun 2, 2022
Transactions value $
$0
Form type
4
Date filed
6/6/2022, 04:16 PM
Previous filing
Jun 1, 2022
Next filing
Jul 28, 2022

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 +1.25K +14% $0.00 10.1K Jun 2, 2022 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 -1.25K -100% $0.00* 0 Jun 2, 2022 Common Stock 1.25K Direct F1, F2
transaction LOVE Restricted Stock Units Award $0 +2.41K $0.00 2.41K Jun 2, 2022 Common Stock 2.41K 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 7, 2021.
F2 Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F3 The reporting person received a grant of 2,408 RSUs, of which 100% are subject to vesting on June 2, 2023.