Mary Fox - 11 Jun 2024 Form 4 Insider Report for Lovesac Co (LOVE)

Role
President and COO
Signature
/s/ Megan C. Preneta, as Attorney-in-Fact for Mary Fox
Issuer symbol
LOVE
Transactions as of
11 Jun 2024
Net transactions value
$0
Form type
4
Filing time
13 Jun 2024, 16:43:27 UTC
Previous filing
14 Jun 2024
Next filing
19 Nov 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 +28,847 $0.000000 28,847 11 Jun 2024 Common Stock 28,847 $0.000000 Direct F1, F2
transaction LOVE Restricted Stock Units (Performance-based Vesting) Award $0 +28,847 $0.000000 28,847 11 Jun 2024 Common Stock 28,847 Direct F1, F3
transaction LOVE Restricted Stock Units (Performance-based Vesting) Award $0 +59,616 $0.000000 59,616 11 Jun 2024 Common Stock 59,616 Direct F1, F4
transaction LOVE Restricted Stock Units (Performance-based Vesting) Award $0 +37,981 $0.000000 37,981 11 Jun 2024 Common Stock 37,981 Direct F1, F4
* 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 and settlement of the RSU, one share of the Issuer's common stock.
F2 The Reporting Person received a grant of RSUs which vest in three equal installments on the first, second and third anniversaries of the grant date.
F3 The Reporting Person received a grant of RSUs which vest in three tranches on the first, second and third anniversaries of the grant date based on Issuer's achievements of certain financial performance targets for the applicable performance period.
F4 The Reporting Person received a grant of RSUs which vest in a single tranche based on the Issuer's achievements of certain stretch financial performance targets for the performance period.