Shawn Nelson - 11 Jun 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
Issuer symbol
LOVE
Transactions as of
11 Jun 2025
Transactions value $
-$134,665
Form type
4
Filing time
12 Jun 2025, 16:54:56 UTC
Previous filing
17 Apr 2025
Next filing
14 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Nelson Shawn David Chief Executive Officer, Director C/O THE LOVESAC COMPANY, 421 ATLANTIC STREET, SUITE 200, STAMFORD /s/ Megan C. Preneta, as Attorney-in-Fact for Shawn Nelson 12 Jun 2025 0001730879

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOVE Common Stock, $0.00001 par value Award $0 +9.62K +5.79% $0.00 176K 11 Jun 2025 Direct F1
transaction LOVE Common Stock, $0.00001 par value Tax liability -$89.3K -4.36K -2.48% $20.50 171K 11 Jun 2025 Direct F2
transaction LOVE Common Stock, $0.00001 par value Award $0 +4.88K +2.85% $0.00 176K 11 Jun 2025 Direct F3
transaction LOVE Common Stock, $0.00001 par value Tax liability -$45.4K -2.21K -1.26% $20.50 174K 11 Jun 2025 Direct F4
holding LOVE Common Stock, $0.00001 par value 52.1K 11 Jun 2025 The LPDV Holding Trust F5

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 -9.62K -33.33% $0.00 19.2K 11 Jun 2025 Common Stock 9.62K Direct F1, F6
transaction LOVE Restricted Stock Units (Performance-based Vesting) Options Exercise $0 -4.88K -16.93% $0.00 24K 11 Jun 2025 Common Stock 4.88K Direct F3, F6
transaction LOVE Restricted Stock Units (Performance-based Vesting) Disposed to Issuer $0 -4.73K -19.74% $0.00 19.2K 11 Jun 2025 Common Stock 4.73K Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the vesting of the first tranche of time-based RSU granted to the Reporting Person on June 11, 2024.
F2 The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of the first tranche of time-based RSUs granted on June 11, 2024. No shares were sold.
F3 Reflects the vesting of a portion of the first tranche of performance-based RSUs granted to the Reporting Person on June 11, 2024.
F4 The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of a portion of the first tranche of performance-based RSUs granted on June 11, 2024. No shares were sold.
F5 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.
F6 Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F7 Reflects the unearned portion of the first tranche of performance-based RSUs granted to the Reporting Person on June 11, 2024 which were forfeited.