Sharon M. Leite - 07 Jun 2023 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Director
Signature
/s/ Megan C. Preneta, Attorney-in-Fact for Sharon M. Leite
Issuer symbol
LOVE
Transactions as of
07 Jun 2023
Net transactions value
$0
Form type
4
Filing time
08 Jun 2023, 16:19:31 UTC
Previous filing
05 Jun 2023
Next filing
04 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOVE Common Stock, par value $0.00001 Options Exercise $0 +393 +3.8% $0.000000 10,706 07 Jun 2023 Direct F1

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 -393 -100% $0.000000* 0 07 Jun 2023 Common Stock 393 Direct F2, 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 time-based restricted stock units ("RSUs") granted on June 7, 2021.
F2 Each time-based RSU represents the contingent right to receive, upon vesting and settlement of the RSU, one share of the Issuer's common stock.
F3 On June 7, 2021, the Reporting Person received a grant of 786 RSUs, which vest in two equal installments on the first and second anniversaries of the grant date.