Form 4 for LOVE Lovesac Co
Accepted 2022-03-28 00:00:00 ET · period of report 2022-03-24 · accession 0001628280-22-007437 · 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 | 2022-03-28 | 2022-03-24 | LOVE | Krause Albert Jack | Chief Strategy Off, Dir | A - Grant | $0.00 | +11.3K | 108.0K | +12% | $0 |
| DM | 2022-03-28 | 2022-03-24 | LOVE | Krause Albert Jack | Chief Strategy Off, Dir | M - OptEx | $0.00 | -11.3K | 2,915 | -79% | $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, $0.00001 par value | 2022-03-24 | A | A | 7,144 | $0.00 | 115,141 | D | — | — | |
| 2 | Common | Common Stock, $0.00001 par value | 2022-03-24 | A | A | 1,457 | $0.00 | 116,598 | D | — | — | |
| 3 | Common | Common Stock, $0.00001 par value | 2022-03-24 | A | A | 2,669 | $0.00 | 107,997 | D | — | — | |
| 4 | Derivative | Restricted Stock Units | 2022-03-24 | M | D | 7,144 | $0.00 | 7,145 | D | — · — to — | 7,144 Common Stock | (F1) Each restricted stock unit ("RSU") represents the contingent right to receive one share of the Issuer's Common Stock. (F3) The reported shares will be settled on June 5, 2022 upon the vesting of the second tranche of performance-based RSUs granted on June 5, 2020 based on the Issuer's achievements with respect to certain financial performance metrics for the applicable performance period. |
| 5 | Derivative | Restricted Stock Units | 2022-03-24 | M | D | 2,669 | $0.00 | 0 | D | — · — to — | 2,669 Common Stock | (F1) Each restricted stock unit ("RSU") represents the contingent right to receive one share of the Issuer's Common Stock. (F2) The reported shares will be settled on June 5, 2022 upon the vesting of the third tranche of performance-based RSUs granted on June 5, 2019 based on the Issuer's achievements with respect to certain financial performance metrics for the applicable performance period. |
| 6 | Derivative | Restricted Stock Units | 2022-03-24 | M | D | 1,457 | $0.00 | 2,915 | D | — · — to — | 1,457 Common Stock | (F1) Each restricted stock unit ("RSU") represents the contingent right to receive one share of the Issuer's Common Stock. (F4) The reported shares will be settled on June 7, 2022 upon the vesting of the first tranche of performance-based RSUs granted on June 7, 2021 based on the Issuer's achievements with respect to certain financial performance metrics for the applicable performance period. |