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

Signature
/s/ Ronald P. Scott
Stock symbol
LUVU
Transactions as of
Feb 10, 2022
Transactions value $
-$6,000
Form type
4
Date filed
2/23/2022, 01:34 PM
Next filing
Apr 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUVU Common Stock Options Exercise $6K +200K +33.58% $0.03 796K Feb 10, 2022 Direct
transaction LUVU Common Stock Tax liability -$6K -28.6K -3.59% $0.21 767K Feb 10, 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 -$6K -200K -100% $0.03 0 Feb 10, 2022 Common Stock 200K $0.03 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.