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

Role
Director
Signature
/s/ Megan C. Preneta, as Attorney-in-Fact for Jack A. Krause
Stock symbol
LOVE
Transactions as of
Apr 15, 2024
Transactions value $
$0
Form type
4
Date filed
4/16/2024, 04:34 PM
Previous filing
Apr 8, 2024
Next filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOVE Common Stock Options Exercise $0 +4.85K +2.6% $0.00 191K Apr 15, 2024 Direct F1
transaction LOVE Common Stock Options Exercise $0 +2.77K +1.45% $0.00 194K Apr 15, 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 -4.85K -33.33% $0.00 9.7K Apr 15, 2024 Common Stock 4.85K Direct F1, F3
transaction LOVE Restricted Stock Units Options Exercise $0 -2.77K -50% $0.00 2.77K Apr 15, 2024 Common Stock 2.77K Direct F2, F3
transaction LOVE Restricted Stock Units (Performance-based Vesting) Disposed to Issuer $0 -16K -100% $0.00* 0 Apr 15, 2024 Common Stock 16K Direct F3, F4
transaction LOVE Restricted Stock Units (Performance-based Vesting) Disposed to Issuer $0 -13.7K -100% $0.00* 0 Apr 15, 2024 Common Stock 13.7K 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.