Shawn Nelson - Apr 2, 2025 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Chief Executive Officer, Director
Signature
/s/ Megan C. Preneta, as Attorney-in-Fact for Shawn Nelson
Stock symbol
LOVE
Transactions as of
Apr 2, 2025
Transactions value $
$0
Form type
4
Date filed
4/7/2025, 08:25 PM
Previous filing
Dec 30, 2024
Next filing
Apr 17, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOVE Common Stock, $0.00001 par value Options Exercise $0 +4.88K +3.11% $0.00 162K Apr 2, 2025 Direct F1
holding LOVE Common Stock, $0.00001 par value 52.1K Apr 2, 2025 The LPDV Holding Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LOVE Restricted Stock Units (Performance-based Vesting) Options Exercise $0 -4.88K -50.8% $0.00 4.73K Apr 2, 2025 Common Stock 4.88K Direct F1, F3
transaction LOVE Restricted Stock Units (Performance-based Vesting) Disposed to Issuer $0 -4.73K -100% $0.00 0 Apr 2, 2025 Common Stock 4.73K Direct F1, F4
transaction LOVE Restricted Stock Units (Performance-based Vesting) Disposed to Issuer $0 -5.54K -100% $0.00 0 Apr 2, 2025 Common Stock 5.54K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F2 The reported shares are held by The LDPV Holding Trust, dated October 1, 2018, of which the reporting person's spouse is trustee and the reporting person has sole authority over the disposition of the shares of the Issuer held by the trust.
F3 The reported shares were acquired upon the vesting of a portion of performance-based RSUs granted on April 15, 2024.
F4 Reflects the unearned portion of performance-based RSUs granted on April 15, 2024 which were forfeited.
F5 Reflects performance-based RSUs granted on April 15, 2022 which were unearned and forfeited.