Form 4 for LVLU Lulu's Fashion Lounge Holdings, Inc.
Accepted 2024-02-21 00:00:00 ET · period of report 2024-02-16 · accession 0001104659-24-026014 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-02-21 | 2024-02-16 | LVLU | Deady Laura | Chief Merchandising Off | A - Grant | $0.00 | +152.3K | 50.0K | New | $0 |
| D | 2024-02-21 | 2024-02-16 | LVLU | Deady Laura | Chief Merchandising Off | A - Grant | $0.00 | +50.0K | 50.0K | New | $0 |
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 | 2024-02-16 | A | A | 102,273 | $0.00 | 152,273 | D | — | — | (F2) Represents RSUs, each of which represent a contingent right to receive one share of the Company's common stock, which vest in three, equal annual installments on March 10, 2025, March 9, 2026 and March 15, 2027. |
| 2 | Common | Common Stock | 2024-02-16 | A | A | 50,000 | $0.00 | 50,000 | D | — | — | (F1) Represents restricted stock units ("RSUs"), each of which represent a contingent right to receive one share of Lulu's Fashion Lounge Holdings, Inc.'s (the "Company") common stock, which vest in four, equal quarterly installments on March 31, 2024, June 30, 2024, September 30, 2024 and December 31, 2024. |
| 3 | Derivative | Performance Stock Units | 2024-02-16 | A | A | 50,000 | $0.00 | 50,000 | D | — · — to — | 50,000 Common Stock | (F3) Represents performance stock units ("PSUs"), each of which represent a contingent right to receive one share of the Company's common stock. The PSUs vest on the date when both of the following have occurred, provided that Ms. Deady remains employed with the Company through such date: (i) the Company files a Form 10-Q or Form 10-K with the Securities and Exchange Commission indicating that the Company has trailing twelve months' net revenue that is at least $75 million more than the Company's net revenue in the fiscal year ended December 31, 2023 and (ii) the first anniversary of Ms. Deady's start date has occurred. |