Fund 1 Investments, LLC - 10 Apr 2025 Form 4 Insider Report for 1 800 FLOWERS COM INC (FLWS)

Reporting relationship: 10%+ Owner
Issuer ticker: FLWS
Reported as of: 10 Apr 2025
Net transaction value: +$887,411
SEC form: 4
Accepted by SEC: 14 Apr 2025, 16:46:07 UTC
Prior SEC filing: 17 Apr 2025
Next SEC filing: 15 Apr 2025
Source filing: View source filing
Reporting owner signature: /s/ Fund 1 Investments, LLC By: Benjamin C. Cable, Chief Operating Officer

Key filing fact

Fund 1 Investments, LLC filed Form 4 for 1 800 FLOWERS COM INC (FLWS) on 14 Apr 2025.

Key facts

This page summarizes Fund 1 Investments, LLC's Form 4 filing for 1 800 FLOWERS COM INC (FLWS).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 14 Apr 2025, 16:46.

Change

Previous filing in this sequence was filed on 17 Apr 2025.
Current net transaction value: +$887,411.

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.

FLWS transaction

Class A Common Stock, $0.01 par value

Purchase

Transaction value: $212,708
Shares: +40,000
Change %: +0.49%
Price: $5.32
Shares after: 8,272,969
Date: 10 Apr 2025
Ownership: See Footnotes
Footnotes: F1, F2

FLWS transaction

Class A Common Stock, $0.01 par value

Purchase

Transaction value: $251,479
Shares: +47,598
Change %: +0.58%
Price: $5.28
Shares after: 8,320,567
Date: 11 Apr 2025
Ownership: See Footnotes
Footnotes: F1, F2

FLWS transaction

Class A Common Stock, $0.01 par value

Purchase

Transaction value: $210,936
Shares: +40,000
Change %: +0.48%
Price: $5.27
Shares after: 8,360,567
Date: 14 Apr 2025
Ownership: See Footnotes
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FLWS transaction Derivative

Cash-Settled Total Return Swap

Purchase

Transaction value: $212,288
Shares: +40,000
Change %: +1.1%
Price: $5.31
Shares after: 3,831,566
Date: 10 Apr 2025
Ownership: See Footnotes
Underlying class: Class A Common Stock, $0.01 par value
Underlying amount: 40,000
Exercise price
Footnotes: F1, 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

Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the "Master Fund") for which Pleasant Lake Partners LLC ("PLP") serves as investment adviser. Fund 1 Investments, LLC ("Fund 1") serves as managing member of PLP. Jonathan Lennon (together with Fund 1, PLP and Master Fund, the "Reporting Persons") serves as managing member of Fund 1. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein.

Footnote F2

Securities held for the account of Master Fund.

Footnote F3

The Reporting Persons have entered into cash-settled total return swaps (the "Swap Agreements") with an unaffiliated third-party financial institution, which provide the Reporting Persons with economic exposure to an aggregate of 3,831,566 notional shares. The Swap Agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do not provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the Swap Agreements (the "Subject Shares"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein.

Footnote F4

The expiration date of the Swap Agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 calendar days prior to any subsequent extension, not to so extend the expiration date.