Mary Fox - 26 May 2023 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
26 May 2023
Net transactions value
$0
Form type
4
Filing time
26 May 2023, 16:20:43 UTC
Previous filing
18 Apr 2023
Next filing
20 Nov 2023
SEC
View on sec.gov

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 (Performance-based Vesting) Award $0 +72,243 $0.000000 72,243 26 May 2023 Common Stock 72,243 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 and settlement of the RSU, one share of the Issuer's common stock.
F2 On May 26, 2023, the Reporting Person received a grant of RSUs which vest in a single tranche based on the Issuer's achievements of certain stretch financial performance targets for the performance period.