Shawn Nelson - Dec 13, 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: Dec 13, 2023
Transactions value $: -$469,213
Form type: 4
Date filed: 12/14/2023, 04:28 PM
Previous filing: Jun 8, 2023
Next filing: Mar 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOVE	Common Stock, $0.00001 par value	Sale	-$248K	-10K	-4.88%	$24.84	195K	Dec 13, 2023	Direct	F1
transaction	LOVE	Common Stock, $0.00001 par value	Sale	-$221K	-9K	-4.62%	$24.53	186K	Dec 13, 2023	Direct	F1
transaction	LOVE	Common Stock, $0.00001 par value	Gift	$0	-3.7K	-6.63%	$0.00	52.1K	Dec 13, 2023	The LPDV Holding Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $24.8443: $24.56 to $25.20; and (b) with respect to the weighted average price of $24.53: $24.53 to $24.54. The reporting person undertakes to provide to The Lovesac Company, any security holder of The Lovesac Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1).
F2	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.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $24.8443: $24.56 to $25.20; and (b) with respect to the weighted average price of $24.53: $24.53 to $24.54. The reporting person undertakes to provide to The Lovesac Company, any security holder of The Lovesac Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1).

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.