Satori Capital, LLC - 11 Dec 2023 Form 4 Insider Report for Lovesac Co (LOVE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
13 Dec 2023, 21:44:31 UTC
Prior SEC filing
14 Dec 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Satori Capital, LLC /s/ Sunny Vanderbeck By: Sunny Vanderbeck Title: President

Key filing fact

Satori Capital, LLC filed Form 4 for Lovesac Co (LOVE) on 13 Dec 2023.

Key facts

  • This page summarizes Satori Capital, LLC's Form 4 filing for Lovesac Co (LOVE).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 13 Dec 2023, 21:44.

Change

  • Previous filing in this sequence was filed on 14 Dec 2021.
  • Current net transaction value: +$3,864,294.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LOVE transaction

Common Stock

Purchase

Transaction value
$2,251,521
Shares
+88,538
Change %
+19%
Price
$25.43
Shares after
557,648
Date
11 Dec 2023
Ownership
See footnote
Footnotes
F1, F2, F3
LOVE transaction

Common Stock

Purchase

Transaction value
$1,612,773
Shares
+63,246
Change %
+11%
Price
$25.50
Shares after
620,894
Date
12 Dec 2023
Ownership
See footnote
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $24.91 to $25.80, inclusive. The reporting person undertakes to provide to The Lovesac Company, any security holder of The Lovesac Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in this footnote (1).

Footnote F2

Satori Capital Strategic Opportunities GP, LLC ("Satori CSOGP") is the general partner of Satori Capital Strategic Opportunities, LP ("Satori CSO"), Satori Capital III GP, LLC ("SCIIIGP") is the general partner of Satori Capital III, LP ("SCIII") and Satori Co-Investment Partners GP, LLC ("COIPGP") is the general partner of Satori Co-Investment Partners LP ("Satori COIP"). SCGPM, LLC ("SCGPM") is the manager of Satori CSOGP, SCIIIGP and COIPGP and may be deemed to share voting and dispositive power with respect to the shares held by Satori CSO, SCIII and Satori COIP. SCGPM is wholly owned and controlled by Satori Capital, LLC ("Satori Capital"), which is indirectly owned and controlled by Sunny Vanderbeck and Randy Eisenman through entities that Sunny Vanderbeck or Randy Eisenman own or control.

Footnote F3

By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Grafer may be deemed to have beneficial ownership of certain of the securities that are beneficially owned by Satori CSO, SCIII and Satori COIP. Mr. Grafer disclaims beneficial ownership of the securities owned by Satori CSO, SCIII and Satori COIP, and the filing of this Form 4 shall not be deemed an admission that Mr. Grafer is the beneficial owner of the securities for purposes of Section 16 of the Exchange Act or for any other purpose.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $24.89 to $25.81, inclusive. The reporting person undertakes to provide to The Lovesac Company, any security holder of The Lovesac Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in this footnote (3).

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