Shawn Nelson - May 17, 2023 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Chief Executive Officer, Director
Signature
/s/ Megan C. Preneta, as Attorney-in-Fact for Shawn Nelson
Stock symbol
LOVE
Transactions as of
May 17, 2023
Transactions value $
-$264,585
Form type
4
Date filed
5/22/2023, 05:45 PM
Previous filing
Apr 18, 2023
Next filing
Jun 7, 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 +24.8K +13.6% $0.00 207K May 17, 2023 Direct F1
transaction LOVE Common Stock, $0.00001 par value Tax liability -$265K -11.2K -5.42% $23.59 196K May 17, 2023 Direct F2
holding LOVE Common Stock, $0.00001 par value 55.8K May 17, 2023 The LPDV Holding Trust F3
* 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 performance-based restricted stock units granted on June 5, 2020.
F2 The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the settlement of performance-based restricted stock units granted on June 5, 2020. No shares were sold.
F3 The reported shares are held by The LDPV Holding Trust, dated October 1, 2018, of which the reporting person's spouse is trustee and the reporting person has sole authority over the disposition of the shares of the Issuer held by the trust.