Martin Scott - 01 Sep 2023 Form 4 Insider Report for Luvu Brands, Inc. (LUVU)

Signature
/s/ Martin P Scott
Issuer symbol
LUVU
Transactions as of
01 Sep 2023
Net transactions value
$0
Form type
4
Filing time
06 Sep 2023, 16:58:48 UTC
Previous filing
19 Jan 2023
Next filing
23 Jan 2024

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 LUVU Stock Options (Right to Buy) Award $0 +200,000 $0.000000 200,000 01 Sep 2023 Common Stock 200,000 $0.0812 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The incentive stock options were issued pursuant to the Issuer's 2015 Equity Incentive Plan. The incentive stock options vest and are exercisable at 50% per year, the initial 50% one year from the Transaction Date unless otherwise accelerated, subject to continued employment with the Company on each applicable vesting date.