Mary Fox - 18 Nov 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
Issuer symbol
LOVE
Transactions as of
18 Nov 2022
Net transactions value
-$57,292
Form type
4
Filing time
21 Nov 2022, 15:47:55 UTC
Previous filing
21 Apr 2022
Next filing
27 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 par value Award $0 +2,416 +52% $0.000000 7,089 18 Nov 2022 Direct F1
transaction LOVE Common Stock, $0.00001 par value Tax liability $28,646 -1,144 -16% $25.04 5,945 18 Nov 2022 Direct F2
transaction LOVE Common Stock, $0.00001 par value Award $0 +2,416 +41% $0.000000 8,361 18 Nov 2022 Direct F3
transaction LOVE Common Stock, $0.00001 par value Tax liability $28,646 -1,144 -14% $25.04 7,217 18 Nov 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 -2,416 -25% $0.000000 7,249 18 Nov 2022 Common Stock 2,416 $0.000000 Direct F1, F5
transaction LOVE Restricted Stock Units (Performance-based Vesting) Options Exercise $0 -2,416 -25% $0.000000 7,248 18 Nov 2022 Common Stock 2,416 $0.000000 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.