Form 4 for LOVE Lovesac Co
Accepted 2023-06-07 00:00:00 ET · period of report 2023-06-05 · accession 0001628280-23-021292 · 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 | 2023-06-07 | 2023-06-05 | LOVE | Krause Albert Jack | Chief Strategy Off, Dir | M - OptEx | $0.00 | +14.3K | 188.1K | +8% | $0 |
| DM | 2023-06-07 | 2023-06-05 | LOVE | Krause Albert Jack | Chief Strategy Off, Dir | F - Tax | $22.86 | -6,589 | 184.8K | -3% | -$150.6K |
| DM | 2023-06-07 | 2023-06-05 | LOVE | Krause Albert Jack | Chief Strategy Off, Dir | D - Sale to Iss | $0.00 | -14.3K | 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 | 2023-06-05 | M | A | 7,145 | $0.00 | 184,264 | D | — | — | (F1) The reported shares were acquired upon the vesting of the third tranche of performance-based restricted stock units ("RSUs") granted on June 5, 2020. |
| 2 | Common | Common Stock, $0.00001 par value | 2023-06-05 | M | A | 7,146 | $0.00 | 188,116 | D | — | — | (F3) The reported shares were acquired upon the vesting of the third tranche of time-based RSUs granted on June 5, 2020. |
| 3 | Common | Common Stock, $0.00001 par value | 2023-06-05 | F | D | 3,294 | $22.86 | 180,970 | D | — | — | (F2) The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the settlement of the third tranche of performance-based RSUs granted on June 5, 2020. No shares were sold. |
| 4 | Common | Common Stock, $0.00001 par value | 2023-06-05 | F | D | 3,295 | $22.86 | 184,821 | D | — | — | (F4) The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the settlement of the third tranche of time-based RSUs granted on June 5, 2020. No shares were sold. |
| 5 | Derivative | Restricted Stock Units (Performance-based Vesting) | 2023-06-05 | D | D | 7,145 | $0.00 | 0 | D | — · — to — | 7,145 Common Stock | (F5) Each RSU represents the contingent right to receive, upon vesting and settlement of the RSU, one share of the Issuer's Common Stock. (F1) The reported shares were acquired upon the vesting of the third tranche of performance-based restricted stock units ("RSUs") granted on June 5, 2020. |
| 6 | Derivative | Restricted Stock Units | 2023-06-05 | D | D | 7,146 | $0.00 | 0 | D | — · — to — | 7,146 Common Stock | (F5) Each RSU represents the contingent right to receive, upon vesting and settlement of the RSU, one share of the Issuer's Common Stock. (F3) The reported shares were acquired upon the vesting of the third tranche of time-based RSUs granted on June 5, 2020. |