Albert Jack Krause - Apr 15, 2025 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Director
Signature
/s/ Megan C. Preneta, as Attorney-in-Fact for Jack A. Krause
Stock symbol
LOVE
Transactions as of
Apr 15, 2025
Transactions value $
$0
Form type
4
Date filed
4/17/2025, 05:26 PM
Previous filing
Jan 22, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOVE Common Stock Options Exercise $0 +2.77K +1.88% $0.00 150K Apr 15, 2025 Direct F1
transaction LOVE Common Stock Options Exercise $0 +4.85K +3.22% $0.00 155K Apr 15, 2025 Direct 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 Options Exercise $0 -2.77K -100% $0.00 0 Apr 15, 2025 Common Stock 2.77K Direct F1, F3
transaction LOVE Restricted Stock Units Options Exercise $0 -4.85K -50% $0.00 4.85K Apr 15, 2025 Common Stock 4.85K Direct F2, F3
transaction LOVE Restricted Stock Units (Performance-based Vesting) Disposed to Issuer $0 -5.54K -100% $0.00 0 Apr 15, 2025 Common Stock 5.54K Direct F3, F4
transaction LOVE Restricted Stock Units (Performance-based Vesting) Disposed to Issuer $0 -4.85K -33.33% $0.00 9.7K Apr 15, 2025 Common Stock 4.85K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 The reported shares were acquired upon the vesting of the second tranche of time-based RSUs granted on April 15, 2023.
F3 Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F4 Reflects performance-based RSUs granted on April 15, 2022 which were unearned and forfeited.
F5 Reflects performance-based RSUs granted on April 15, 2023 which were unearned and forfeited.