Mary Fox - 18 Nov 2024 Form 4 Insider Report for Lovesac Co (LOVE)

Signature
/s/ Megan C. Preneta, as Attorney-in-Fact for Mary Fox
Issuer symbol
LOVE
Transactions as of
18 Nov 2024
Net transactions value
+$76,466
Form type
4
Filing time
19 Nov 2024, 16:24:11 UTC
Previous filing
13 Jun 2024
Next filing
07 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOVE Common Stock, $0.00001 par value Award $76,466 +2,416 +13% $31.65 21,374 18 Nov 2024 Direct F1
transaction LOVE Common Stock, $0.00001 par value Tax liability $0 -1,144 -5.4% $0.000000 20,230 18 Nov 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 -2,416 -50% $0.000000 2,416 18 Nov 2024 Common Stock 2,416 $0.000000 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 the third tranche of time-based restricted stock units ("RSUs") granted on November 18, 2021.
F2 The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of the third tranche of time-based RSUs granted on November 18, 2021. No shares were sold.
F3 Each RSU represents the right to receive, upon the vesting of the RSU, one share of the Issuer's Common Stock.