Louis S. Friedman - 10 Feb 2022 Form 4 Insider Report for Luvu Brands, Inc. (LUVU)

Signature
/s/ Ronald P. Scott By Power of Attorney for Louis Friedman
Issuer symbol
LUVU
Transactions as of
10 Feb 2022
Net transactions value
-$9,900
Form type
4
Filing time
23 Feb 2022, 13:34:57 UTC
Next filing
28 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUVU Common Stock Options Exercise $9,900 +300,000 +0.95% $0.0330 31,944,376 10 Feb 2022 Direct
transaction LUVU Common Stock Tax liability $9,900 -47,143 -0.15% $0.2100 31,897,233 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 $9,900 -300,000 -100% $0.0330 0 10 Feb 2022 Common Stock 300,000 $0.0330 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 47,143 shares withheld by the Issuer at the market price of $0.21 per share to fund the exercise of 300,000 shares of common stock at an exercise price of $0.033 per share.