Form 4 for LOVE Lovesac Co
Accepted 2023-07-05 00:00:00 ET · period of report 2023-07-01 · accession 0001628280-23-024264 · 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 | 2023-07-05 | 2023-07-01 | LOVE | Mehra Vineet | Dir | M - OptEx | $0.00 | +5,484 | 3,917 | New | $0 |
| DM | 2023-07-05 | 2023-07-01 | LOVE | Mehra Vineet | Dir | M - OptEx | $0.00 | -5,484 | 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, par value $0.00001 | 2023-07-01 | M | A | 2,977 | $0.00 | 2,977 | D | — | — | (F1) The reported shares were acquired upon the vesting of time-based restricted stock units ("RSUs") granted on July 1, 2022. |
| 2 | Common | Common Stock, par value $0.00001 | 2023-07-01 | M | A | 1,567 | $0.00 | 5,484 | D | — | — | (F3) Represents RSUs elected by the Reporting Person in lieu of the Reporting Person's cash retainer for service on the Issuer's board of directors for fiscal 2023, of which 100% are subject to vesting on July 1, 2023. |
| 3 | Common | Common Stock, par value $0.00001 | 2023-07-01 | M | A | 940 | $0.00 | 3,917 | D | — | — | (F2) On July 1, 2022, the Reporting Person received a grant pf 1,880 RSUs, which vest in two installments on the first and second anniversaries of the grant date. |
| 4 | Derivative | Restricted Stock Units | 2023-07-01 | M | D | 2,977 | $0.00 | 0 | D | — · — to — | 2,977 Common Stock | (F4) Each time-based 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 time-based restricted stock units ("RSUs") granted on July 1, 2022. |
| 5 | Derivative | Restricted Stock Units | 2023-07-01 | M | D | 940 | $0.00 | 940 | D | — · — to — | 940 Common Stock | (F4) Each time-based RSU represents the contingent right to receive, upon vesting and settlement of the RSU, one share of the Issuer's common stock. (F2) On July 1, 2022, the Reporting Person received a grant pf 1,880 RSUs, which vest in two installments on the first and second anniversaries of the grant date. |
| 6 | Derivative | Restricted Stock Units | 2023-07-01 | M | D | 1,567 | $0.00 | 0 | D | — · — to — | 1,567 Common Stock | (F4) Each time-based RSU represents the contingent right to receive, upon vesting and settlement of the RSU, one share of the Issuer's common stock. (F3) Represents RSUs elected by the Reporting Person in lieu of the Reporting Person's cash retainer for service on the Issuer's board of directors for fiscal 2023, of which 100% are subject to vesting on July 1, 2023. |