R. Andrew Heyer - Jun 11, 2024 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Director
Signature
/s/ Megan C. Preneta, Attorney-in-Fact for Andrew R. Heyer
Stock symbol
LOVE
Transactions as of
Jun 11, 2024
Transactions value $
$0
Form type
4
Date filed
6/13/2024, 04:41 PM
Previous filing
Jun 7, 2024
Next filing
Jul 2, 2024

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 Award $0 +4.81K $0.00 4.81K Jun 11, 2024 Common Stock 4.81K $0.00 Direct F1, F2
transaction LOVE Restricted Stock Units Award $0 +4.04K $0.00 4.04K Jun 11, 2024 Common Stock 4.04K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F2 The Reporting Person received a grant of RSUs of which 100% are subject to vesting on June 11, 2025.
F3 Represents RSUs elected by the Reporting Person in lieu of the Reporting Person's cash retainer for service on the Issuer's board of directors for fiscal 2025, of which 100% are subject to vesting on June 11, 2025.