Keith R. Siegner - Apr 15, 2025 Form 4 Insider Report for Lovesac Co (LOVE)

Role
EVP and CFO
Signature
/s/ Megan C. Preneta, as Attorney-in-Fact for Keith R. Siegner
Stock symbol
LOVE
Transactions as of
Apr 15, 2025
Transactions value $
$0
Form type
4
Date filed
4/17/2025, 05:24 PM
Previous filing
Apr 7, 2025
SEC
View on sec.gov

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 Award $0 +23.1K $0.00 23.1K Apr 15, 2025 Common Stock 23.1K Direct F1, F2
transaction LOVE Restricted Stock Units (Performance-based Vesting) Award $0 +23.1K $0.00 23.1K Apr 15, 2025 Common Stock 23.1K Direct F1, F2
transaction LOVE Restricted Stock Units (Performance-based Vesting) Disposed to Issuer $0 -3.19K -33.33% $0.00 6.38K Apr 15, 2025 Common Stock 3.19K Direct F1, F3
* 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 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.
F3 Reflects performance-based RSUs granted on June 30, 2023 which were unearned and forfeited.