Ronald P. Scott - 10 Feb 2022 Form 4 Insider Report for Luvu Brands, Inc. (LUVU)

Role: CFO and Secretary, Director
Signature: /s/ Ronald P. Scott
Issuer symbol: LUVU
Transactions as of: 10 Feb 2022
Net transactions value: -$6,000
Form type: 4
Filing time: 23 Feb 2022, 13:34:50 UTC
Next filing: 29 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUVU	Common Stock	Options Exercise	$6,000	+200,000	+34%	$0.0300	795,516	10 Feb 2022	Direct
transaction	LUVU	Common Stock	Tax liability	$6,000	-28,572	-3.6%	$0.2100	766,944	10 Feb 2022	Direct	F1

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	LUVU	Common Stock Options (right to buy)	Options Exercise	$6,000	-200,000	-100%	$0.0300	0	10 Feb 2022	Common Stock	200,000	$0.0300	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects 28,572 shares withheld by Issuer at the market price of $0.21 per share to fund the cashless exercise of 200,000 options at an exercise price of $0.03 per share.