Form 4 for LOVE Lovesac Co
Accepted 2025-04-17 00:00:00 ET · period of report 2025-04-15 · accession 0001628280-25-018252 · 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 | 2025-04-17 | 2025-04-15 | LOVE | Nelson Shawn David | CEO, Dir | F - Tax | $19.49 | -3,556 | 163.6K | -2% | -$69.3K |
| DM | 2025-04-17 | 2025-04-15 | LOVE | Nelson Shawn David | CEO, Dir | M - OptEx | $0.00 | +7,620 | 168.5K | +5% | $0 |
| DM | 2025-04-17 | 2025-04-15 | LOVE | Nelson Shawn David | CEO, Dir | A - Grant | $0.00 | +102.4K | 51.2K | New | $0 |
| D | 2025-04-17 | 2025-04-15 | LOVE | Nelson Shawn David | CEO, Dir | D - Sale to Iss | $0.00 | -4,848 | 9,696 | -33% | $0 |
| DM | 2025-04-17 | 2025-04-15 | LOVE | Nelson Shawn David | CEO, Dir | M - OptEx | $0.00 | -7,620 | 4,848 | -61% | $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 | 2025-04-15 | F | D | 2,300 | $19.49 | 166,180 | D | — | — | (F4) The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the settlement of the second tranche of time-based RSUs granted on April 15, 2023. No shares were sold. |
| 2 | Common | Common Stock, $0.00001 par value | 2025-04-15 | F | D | 1,256 | $19.49 | 163,632 | 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 time-based RSUs granted on April 15, 2022. No shares were sold. |
| 3 | Common | Common Stock, $0.00001 par value | 2025-04-15 | M | A | 2,772 | $0.00 | 164,888 | D | — | — | (F1) The reported shares were acquired upon the vesting of the third tranche of time-based restricted stock units ("RSUs") granted on April 15, 2022. |
| 4 | Common | Common Stock, $0.00001 par value | 2025-04-15 | M | A | 4,848 | $0.00 | 168,480 | D | — | — | (F3) The reported shares were acquired upon the vesting of the second tranche of time-based RSUs granted on April 15, 2023. |
| 5 | Derivative | Restricted Stock Units | 2025-04-15 | A | A | 51,200 | $0.00 | 51,200 | D | — · — to — | 51,200 Common Stock | (F6) Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. (F7) On April 15, 2025, the Reporting Person received a grant of RSUs, of which (a) 50% vest in three equal installments on the first, second and third anniversaries of the grant date, and (b) 50% vest based on the Issuer's achievements with respect to certain financial performance targets for the performance period and are payable in three equal installments on the first, second and third anniversaries of the grant date. |
| 6 | Derivative | Restricted Stock Units (Performance-based Vesting) | 2025-04-15 | D | D | 4,848 | $0.00 | 9,696 | D | — · — to — | 4,848 Common Stock | (F6) Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. (F8) Reflects performance-based RSUs granted on April 15, 2023 which were unearned and forfeited. |
| 7 | Derivative | Restricted Stock Units (Performance-based Vesting) | 2025-04-15 | A | A | 51,200 | $0.00 | 51,200 | D | — · — to — | 51,200 Common Stock | (F6) Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. (F7) On April 15, 2025, the Reporting Person received a grant of RSUs, of which (a) 50% vest in three equal installments on the first, second and third anniversaries of the grant date, and (b) 50% vest based on the Issuer's achievements with respect to certain financial performance targets for the performance period and are payable in three equal installments on the first, second and third anniversaries of the grant date. |
| 8 | Derivative | Restricted Stock Units | 2025-04-15 | M | D | 2,772 | $0.00 | 0 | D | — · — to — | 2,772 Common Stock | (F6) Each RSU represents the contingent right to receive, upon vesting 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 time-based restricted stock units ("RSUs") granted on April 15, 2022. |
| 9 | Derivative | Restricted Stock Units | 2025-04-15 | M | D | 4,848 | $0.00 | 4,848 | D | — · — to — | 4,848 Common Stock | (F6) Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. (F3) The reported shares were acquired upon the vesting of the second tranche of time-based RSUs granted on April 15, 2023. |