R. Andrew Heyer - 02 Mar 2023 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Director
Signature
/s/ Megan C. Preneta, Attorney-in-Fact for Andrew R. Hever
Issuer symbol
LOVE
Transactions as of
02 Mar 2023
Transactions value $
$0
Form type
4
Filing time
06 Mar 2023, 16:34:14 UTC
Previous filing
09 Feb 2023
Next filing
03 Apr 2023

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 +456 $0.00 456 02 Mar 2023 Common Stock 456 Direct F1, F2
* 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, upon vesting, one share of the Issuer's common stock.
F2 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 the anniversary of the grant date.