Vineet Mehra - 01 Jul 2022 Form 4/A - Amendment Insider Report for Lovesac Co (LOVE)

Role
Director
Signature
/s/ Megan C. Preneta, Attorney-in-Fact for Vineet Mehra
Issuer symbol
LOVE
Transactions as of
01 Jul 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
11 Jul 2022, 16:19:08 UTC
Date Of Original Report
01 Jul 2022
Previous filing
15 Mar 2022
Next filing
06 Mar 2023
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 +1,880 $0.000000 1,880 01 Jul 2022 Common Stock 1,880 Direct F1, F2
transaction LOVE Restricted Stock Units Award $0 +1,567 +83% $0.000000 3,447 01 Jul 2022 Common Stock 1,567 Direct F1, F3
transaction LOVE Restricted Stock Units Award $0 +2,977 +86% $0.000000 6,424 01 Jul 2022 Common Stock 2,977 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the contingent right to receive one share of the Issuer's Common Stock.
F2 On July 1, 2022, the Reporting Person received a grant of 1,880 RSUs, which vest in two equal installments on the first and second anniversaries of the grant date.
F3 Represents RSUs elected by the Reporting Person in lieu of the Reporting Person's cash retainer for service on the Issuer's board of directors for fiscal 2023, of which 100% are subject to vesting on July 1, 2023.
F4 The Reporting Person received a grant of 2,977 RSUs, of which 100% are subject to vesting on July 1, 2023.