Keith R. Siegner - 30 Jun 2024 Form 4 Insider Report for Lovesac Co (LOVE)

Role
EVP and CFO
Signature
/s/ Megan C. Preneta, as Attorney-in-Fact for Keith R. Siegner
Issuer symbol
LOVE
Transactions as of
30 Jun 2024
Net transactions value
-$22,580
Form type
4
Filing time
02 Jul 2024, 16:29:20 UTC
Previous filing
13 Jun 2024
Next filing
07 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOVE Common Stock, $0.00001 par value Options Exercise $0 +3,188 +66% $0.000000 7,988 30 Jun 2024 Direct F1
transaction LOVE Common Stock, $0.00001 par value Tax liability $22,580 -1,000 -13% $22.58 6,988 30 Jun 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 -3,188 -33% $0.000000 6,378 30 Jun 2024 Common Stock 3,188 Direct F1, F3
* 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 time-based restricted stock units ("RSUs") that were granted on June 30, 2023.
F2 The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the settlement of time-based RSUs granted on June 30, 2023. No shares were sold.
F3 Each RSU represents the contingent right to receive, upon vesting and settlement of the RSU, one share of the Issuer's Common Stock.