Ronald P. Scott - 26 Apr 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: 26 Apr 2022
Net transactions value: -$3,508
Form type: 4
Filing time: 29 Apr 2022, 09:31:39 UTC
Previous filing: 23 Feb 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	$3,500	+125,000	+16%	$0.0280	891,944	26 Apr 2022	Direct
transaction	LUVU	Common Stock	Tax liability	$3,508	-20,161	-2.3%	$0.1740	871,783	26 Apr 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	$3,500	-125,000	-100%	$0.0280	0	26 Apr 2022	Common stock	125,000	$0.0280	Direct

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

Explanation of Responses:

Id	Content
F1	Reflects 20,161 shares withheld by Issuer at the market price of $0.1736 per share to fund the cashless exercise of 125,000 options at an exercise price of $0.028 per share.