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

Role
Director
Signature
/s/ Megan C. Preneta, Attorney-in-Fact for Andrew R. Heyer
Issuer symbol
LOVE
Transactions as of
11 Jun 2024
Transactions value $
$0
Form type
4
Filing time
13 Jun 2024, 16:41:49 UTC
Previous filing
07 Jun 2024
Next filing
02 Jul 2024
SEC
View on sec.gov

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 11 Jun 2024 Common Stock 4.81K $0.00 Direct F1, F2
transaction LOVE Restricted Stock Units Award $0 +4.04K $0.00 4.04K 11 Jun 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.