Mary Fox - Nov 18, 2022 Form 4 Insider Report for Lovesac Co (LOVE)

Role
President and COO
Signature
/s/ Megan C. Preneta, as Attorney-in-Fact for Mary Fox
Stock symbol
LOVE
Transactions as of
Nov 18, 2022
Transactions value $
-$57,292
Form type
4
Date filed
11/21/2022, 03:47 PM
Previous filing
Apr 21, 2022
Next filing
Mar 27, 2023

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 +2.42K +51.7% $0.00 7.09K Nov 18, 2022 Direct F1
transaction LOVE Common Stock, $0.00001 par value Tax liability -$28.6K -1.14K -16.14% $25.04 5.95K Nov 18, 2022 Direct F2
transaction LOVE Common Stock, $0.00001 par value Award $0 +2.42K +40.64% $0.00 8.36K Nov 18, 2022 Direct F3
transaction LOVE Common Stock, $0.00001 par value Tax liability -$28.6K -1.14K -13.68% $25.04 7.22K Nov 18, 2022 Direct F4

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 -2.42K -25% $0.00 7.25K Nov 18, 2022 Common Stock 2.42K $0.00 Direct F1, F5
transaction LOVE Restricted Stock Units (Performance-based Vesting) Options Exercise $0 -2.42K -25% $0.00 7.25K Nov 18, 2022 Common Stock 2.42K $0.00 Direct F3, F5
* 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 the first tranche of time-based restricted stock units ("RSUs") granted on November 18, 2021.
F2 The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of the first tranche of time-based RSUs granted on November 18, 2021. No shares were sold.
F3 The reported shares were acquired upon the vesting of the first tranche of performance-based RSUs granted on November 18, 2021.
F4 The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of the first tranche of performance-based RSUs granted on November 18, 2021. No shares were sold.
F5 Each RSU represents the right to receive, upon the vesting of the RSU, one share of the Issuer's Common Stock.