Form 4 for LOVE Lovesac Co
Accepted 2023-12-13 00:00:00 ET · period of report 2023-12-11 · accession 0001213900-23-095486 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2023-12-13 | 2023-12-11+ | LOVE | SCGPM, LLC | 10% | P - Purchase | $25.46 | +151.8K | 620.9K | +32% | +$3.86M |
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 | 2023-12-11 | P | A | 88,538 | $25.43 | 557,648 | I See 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). (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. (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. |
| 2 | Common | Common Stock | 2023-12-12 | P | A | 63,246 | $25.50 | 620,894 | I See 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). (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. (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. |