Sharon M. Leite - 07 Jun 2022 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Director
Signature
/s/ Megan C. Preneta, Attorney-in-Fact for Sharon M. Leite
Issuer symbol
LOVE
Transactions as of
07 Jun 2022
Net transactions value
$0
Form type
4
Filing time
07 Jun 2022, 16:43:01 UTC
Previous filing
06 Jun 2022
Next filing
06 Mar 2023
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 Award $0 +393 +32% $0.000000 1,638 07 Jun 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% $0.000000 393 07 Jun 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.