Form 4 for LVLU Lulu's Fashion Lounge Holdings, Inc.

Accepted 2023-03-20 00:00:00 ET · period of report 2023-03-17 · accession 0001104659-23-034434 · 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
	2023-03-20	2023-03-17	LVLU	MARDY MICHAEL J	Dir	P - Purchase	$2.79	+10.0K	45.0K	+29%	+$27.9K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-03-17	P	A	10,000	$2.79	45,018	D	—	—	(F1) The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.69 to $2.81. The Reporting Person undertakes to provide to Lulu's Fashion Lounge Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. (F2) Represents (a) 24,436 shares of common stock and (b) 20,582 restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of common stock. 22.397 RSUs were granted on January 31, 2022 and vest in three, equal installments, of which 7,465 RSUs vested on January 31, 2023 and 14,932 RSUs will vest equally on January 31, 2024 and January 31, 2025, and 5,650 RSUs were granted on June 14, 2022 and vest in full on the earlier of (i) the first anniversary of the grant date or (ii) immediately before the next Annual Meeting immediately following the grant date.