Mary Fox - 18 Nov 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
18 Nov 2023
Net transactions value
-$42,191
Form type
4
Filing time
20 Nov 2023, 20:47:41 UTC
Previous filing
26 May 2023
Next filing
14 Jun 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, $0.00001 par value Award $0 +2,416 +19% $0.000000 14,914 18 Nov 2023 Direct F1
transaction LOVE Common Stock, $0.00001 par value Tax liability $21,095 -1,144 -7.7% $18.44 13,770 18 Nov 2023 Direct F2
transaction LOVE Common Stock, $0.00001 par value Award $0 +2,416 +18% $0.000000 16,186 18 Nov 2023 Direct F3
transaction LOVE Common Stock, $0.00001 par value Tax liability $21,095 -1,144 -7.1% $18.44 15,042 18 Nov 2023 Direct F4

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 -2,416 -33% $0.000000 4,833 18 Nov 2023 Common Stock 2,416 $0.000000 Direct F1, F5
transaction LOVE Restricted Stock Units (Performance-based Vesting) Options Exercise $0 -2,416 -33% $0.000000 4,832 18 Nov 2023 Common Stock 2,416 $0.000000 Direct F3, F5
* 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 the second tranche of time-based restricted stock units ("RSUs") granted on November 18, 2021.
F2 The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of the second tranche of time-based RSUs granted on November 18, 2021. No shares were sold.
F3 The reported shares were acquired upon the vesting of the second tranche of performance-based RSUs granted on November 18, 2021.
F4 The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of the second tranche of performance-based RSUs granted on November 18, 2021. No shares were sold.
F5 Each RSU represents the right to receive, upon the vesting of the RSU, one share of the Issuer's Common Stock.