Sharon M. Leite - Jun 7, 2022 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Director
Signature
/s/ Megan C. Preneta, Attorney-in-Fact for Sharon M. Leite
Stock symbol
LOVE
Transactions as of
Jun 7, 2022
Transactions value $
$0
Form type
4
Date filed
6/7/2022, 04:43 PM
Previous filing
Jun 6, 2022
Next filing
Mar 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOVE Common Stock, $0.00001 Award $0 +393 +31.57% $0.00 1.64K Jun 7, 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 -393 -50% $0.00 393 Jun 7, 2022 Common Stock 393 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 time-based RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
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.