Albert Jack Krause - 15 Apr 2024 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Director
Signature
/s/ Megan C. Preneta, as Attorney-in-Fact for Jack A. Krause
Issuer symbol
LOVE
Transactions as of
15 Apr 2024
Net transactions value
$0
Form type
4
Filing time
16 Apr 2024, 16:34:06 UTC
Previous filing
08 Apr 2024
Next filing
11 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 Options Exercise $0 +4,848 +2.6% $0.000000 191,239 15 Apr 2024 Direct F1
transaction LOVE Common Stock Options Exercise $0 +2,772 +1.4% $0.000000 194,011 15 Apr 2024 Direct F2

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 -4,848 -33% $0.000000 9,696 15 Apr 2024 Common Stock 4,848 Direct F1, F3
transaction LOVE Restricted Stock Units Options Exercise $0 -2,772 -50% $0.000000 2,772 15 Apr 2024 Common Stock 2,772 Direct F2, F3
transaction LOVE Restricted Stock Units (Performance-based Vesting) Disposed to Issuer $0 -16,000 -100% $0.000000* 0 15 Apr 2024 Common Stock 16,000 Direct F3, F4
transaction LOVE Restricted Stock Units (Performance-based Vesting) Disposed to Issuer $0 -13,689 -100% $0.000000* 0 15 Apr 2024 Common Stock 13,689 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 first tranche of time-based RSUs granted on April 15, 2023.
F2 The reported shares were acquired upon the vesting of the second tranche of time-based RSUs granted on April 15, 2022.
F3 Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F4 Reflects performance-based RSUs granted on April 15, 2023 which were forfeited and cancelled.
F5 Reflects performance-based RSUs granted on April 15, 2022 which were forfeited and cancelled.