Donna Dellomo - 23 Mar 2023 Form 4 Insider Report for Lovesac Co (LOVE)

Role: EVP and CFO
Signature: /s/ Megan C. Preneta, as Attorney-in-Fact for Donna Dellomo
Issuer symbol: LOVE
Transactions as of: 23 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 27 Mar 2023, 16:22:08 UTC
Previous filing: 07 Jun 2022
Next filing: 18 Apr 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	Options Exercise	$0	+23,212	+30%	$0.000000	100,877	23 Mar 2023	Direct
transaction	LOVE	Common Stock	Options Exercise	$0	+2,723	+2.7%	$0.000000	103,600	23 Mar 2023	Direct
transaction	LOVE	Common Stock	Options Exercise	$0	+555	+0.54%	$0.000000	104,155	23 Mar 2023	Direct
transaction	LOVE	Common Stock	Options Exercise	$0	+1,054	+1%	$0.000000	105,209	23 Mar 2023	Direct

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	-23,212	-100%	$0.000000^*	0	23 Mar 2023	Common Stock	23,212		Direct	F1, F2
transaction	LOVE	Restricted Stock Units	Options Exercise	$0	-2,723	-100%	$0.000000^*	0	23 Mar 2023	Common Stock	2,723		Direct	F1, F3
transaction	LOVE	Restricted Stock Units	Options Exercise	$0	-555	-50%	$0.000000	556	23 Mar 2023	Common Stock	555		Direct	F1, F4
transaction	LOVE	Restricted Stock Units	Options Exercise	$0	-1,054	-33%	$0.000000	2,110	23 Mar 2023	Common Stock	1,054		Direct	F1, F5

* 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 of the RSU, one share of the Issuer's common stock.
F2	The reported shares will be settled on May 17, 2023 upon the vesting of performance based RSUs granted on June 5, 2020 based on the Issuer's achievements with respect to certain financial performance metrics for the applicable performance period.
F3	The reported shares will be settled on June 5, 2023 upon the vesting of the third tranche of performance based RSUs granted on June 5, 2020 based on the Issuer's achievements with respect to certain financial performance metrics for the applicable performance period.
F4	The reported shares will be settled on June 7, 2023 upon the vesting of the second tranche of performance based RSUs granted on June 7, 2021 based on the Issuer's achievements with respect to certain financial performance metrics for the applicable performance period.
F5	The reported shares will be settled on April 15, 2023 upon the vesting of the first tranche of performance based RSUs granted on April 15, 2022 based on the Issuer's achievements with respect to certain financial performance metrics for the applicable performance period.