Keith R. Siegner - Jun 30, 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
Stock symbol
LOVE
Transactions as of
Jun 30, 2024
Transactions value $
-$22,580
Form type
4
Date filed
7/2/2024, 04:29 PM
Previous filing
Jun 13, 2024

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 +3.19K +66.42% $0.00 7.99K Jun 30, 2024 Direct F1
transaction LOVE Common Stock, $0.00001 par value Tax liability -$22.6K -1K -12.52% $22.58 6.99K Jun 30, 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 -3.19K -33.33% $0.00 6.38K Jun 30, 2024 Common Stock 3.19K 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.