Form 4 for LOVE Lovesac Co
Accepted 2023-03-27 00:00:00 ET · period of report 2023-03-23 · accession 0001628280-23-009269 · 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 | 2023-03-27 | 2023-03-23 | LOVE | Nelson Shawn David | CEO, Dir | A - Grant | $0.00 | +36.1K | 177.4K | +26% | $0 |
| DM | 2023-03-27 | 2023-03-23 | LOVE | Nelson Shawn David | CEO, Dir | M - OptEx | $0.00 | -36.1K | 0 | -100% | $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 | 2023-03-23 | A | A | 2,772 | $0.00 | 188,810 | D | — | — | |
| 2 | Common | Common Stock, $0.00001 par value | 2023-03-23 | A | A | 1,457 | $0.00 | 186,038 | D | — | — | |
| 3 | Common | Common Stock, $0.00001 par value | 2023-03-23 | A | A | 7,145 | $0.00 | 184,581 | D | — | — | |
| 4 | Common | Common Stock, $0.00001 par value | 2023-03-23 | A | A | 24,759 | $0.00 | 177,436 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2023-03-23 | M | D | 2,772 | $0.00 | 5,544 | D | — · — to — | 2,772 Common Stock | (F2) Each restricted stock unit ("RSU") represents the contingent right to receive, upon settlement of the RSU, one share of the Issuer's Common Stock. (F6) The reported shares will be settled on April 15, 2023 upon the vesting of the first tranche of performance based RSUs granted on April 15, 2022 based on the Issuer's achievements with respect to certain financial performance metrics for the applicable performance period. |
| 6 | Derivative | Restricted Stock Units | 2023-03-23 | M | D | 1,457 | $0.00 | 1,458 | D | — · — to — | 1,457 Common Stock | (F2) Each restricted stock unit ("RSU") represents the contingent right to receive, upon settlement of the RSU, one share of the Issuer's Common Stock. (F5) The reported shares will be settled on June 7, 2023 upon the vesting of the second 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. |
| 7 | Derivative | Restricted Stock Units | 2023-03-23 | M | D | 7,145 | $0.00 | 0 | D | — · — to — | 7,145 Common Stock | (F2) Each restricted stock unit ("RSU") represents the contingent right to receive, upon settlement of the RSU, one share of the Issuer's Common Stock. (F4) The reported shares will be settled on June 5, 2023 upon the vesting of the third 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. |
| 8 | Derivative | Restricted Stock Units | 2023-03-23 | M | D | 24,759 | $0.00 | 0 | D | — · — to — | 24,759 Common Stock | (F2) Each restricted stock unit ("RSU") represents the contingent right to receive, upon settlement of the RSU, one share of the Issuer's Common Stock. (F3) The reported shares will be settled on May 17, 2023 upon the vesting 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. |