Form 4 for LOVE Lovesac Co
Accepted 2023-01-04 00:00:00 ET · period of report 2022-12-30 · accession 0000947871-23-000009 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-01-04 | 2023-01-03 | LOVE | HEYER ANDREW R | Dir | P - Purchase | $23.00 | +10.0K | 173.0K | +6% | +$230.0K | |
| MI | 2023-01-04 | 2022-12-30+ | LOVE | HEYER ANDREW R | Dir | P - Purchase | $22.03 | +28.0K | 35.3K | +385% | +$616.8K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.00001 | 2023-01-03 | P | A | 10,000 | $23.00 | 172,970 | D See footnotes | — | — | (F3) These shares were purchased by Heyer Investment Management LLC. The reporting person is the managing member of Heyer Investment Management LLC. (F4) The reporting person may be deemed to have or share beneficial ownership of these securities. The reporting person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or for any other purpose. |
| 2 | Common | Common Stock, par value $0.00001 | 2022-12-30 | P | A | 21,000 | $21.72 | 21,000 | I See footnotes | — | — | (F1) The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.49 to $21.84. The reporting person undertakes to provide to the Issuer, any security holders of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote. (F4) The reporting person may be deemed to have or share beneficial ownership of these securities. The reporting person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or for any other purpose. (F2) Includes 1,000 shares purchased for the benefit of the Charlotte Heyer Trust, 1,000 shares purchased for the benefit of the Daniel Heyer Trust, 1,000 shares purchased for the benefit of the Eleanor Heyer Trust, 1,000 shares purchased for the benefit of the Georgina Heyer Trust, 1,000 shares purchased for the benefit of the Max Heyer Trust, 2,000 shares purchased for the benefit of the Harris Heyer Trust, 2,000 shares purchased for the benefit of the James Heyer Trust, 2,000 shares purchased for the benefit of the Peter Justin Heyer Trust, 2,000 shares purchased for the benefit of the William Heyer Trust (collectively, the "Heyer Trusts"), 5,000 shares purchased for the benefit of the Heyer Family Foundation and 3,000 shares purchased for the benefit of the Heyer Charitable Lead Annuity Trust. The reporting person is a trustee of each of the Heyer Trusts, the Heyer Family Foundation and the Heyer Charitable Lead Annuity Trust. |
| 3 | Common | Common Stock, par value $0.00001 | 2023-01-03 | P | A | 7,000 | $22.95 | 35,282 | I | — | — |