0001628280-24-016411.txt : 20240416 0001628280-24-016411.hdr.sgml : 20240416 20240416163035 ACCESSION NUMBER: 0001628280-24-016411 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240415 FILED AS OF DATE: 20240416 DATE AS OF CHANGE: 20240416 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Fox Mary CENTRAL INDEX KEY: 0001815110 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38555 FILM NUMBER: 24848186 MAIL ADDRESS: STREET 1: TWO LANDMARK SQUARE, SUITE 300 CITY: STAMFORD STATE: CT ZIP: 06901 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Lovesac Co CENTRAL INDEX KEY: 0001701758 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FURNITURE STORES [5712] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 320514958 STATE OF INCORPORATION: DE FISCAL YEAR END: 0204 BUSINESS ADDRESS: STREET 1: TWO LANDMARK SQUARE, SUITE 300 CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 203-817-2279 MAIL ADDRESS: STREET 1: TWO LANDMARK SQUARE, SUITE 300 CITY: STAMFORD STATE: CT ZIP: 06901 4 1 wk-form4_1713299421.xml FORM 4 X0508 4 2024-04-15 0 0001701758 Lovesac Co LOVE 0001815110 Fox Mary C/O THE LOVESAC COMPANY TWO LANDMARK SQUARE, SUITE 300 STAMFORD CT 06901 0 1 0 0 President and COO 0 Common Stock, $0.00001 par value 2024-04-15 4 M 0 4848 0 A 19890 D Common Stock, $0.00001 par value 2024-04-15 4 F 0 2391 18.80 D 17499 D Common Stock, $0.00001 par value 2024-04-15 4 M 0 2772 0 A 20271 D Common Stock, $0.00001 par value 2024-04-15 4 F 0 1313 18.80 D 18958 D Restricted Stock Units 2024-04-15 4 A 0 33528 0 A Common Stock 33528 33528 D Restricted Stock Units (Performance-based Vesting) 2024-04-15 4 A 0 33528 0 A Common Stock 33528 33528 D Restricted Stock Units (Performance-based Vesting) 2024-04-15 4 A 0 69290 0 A Common Stock 69290 69290 D Restricted Stock Units (Performance-based Vesting) 2024-04-15 4 A 0 44144 0 A Common Stock 44144 44144 D Restricted Stock Units 2024-04-15 4 M 0 4848 0 D Common Stock 4848 43124 D Restricted Stock Units 2024-04-15 4 M 0 2772 0 D Common Stock 2772 2772 D Restricted Stock Units (Performance-based Vesting) 2024-04-15 4 D 0 72243 0 D Common Stock 72243 0 D Restricted Stock Units (Performance-based Vesting) 2024-04-15 4 D 0 35848 0 D Common Stock 35848 0 D The reported shares were acquired upon the vesting of the first tranche of time-based RSUs granted on April 15, 2023. The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the settlement of the first tranche of time-based RSUs granted on April 15, 2023. No shares were sold. The reported shares were acquired upon the vesting of the second tranche of time-based RSUs granted on April 15, 2022. The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the settlement of the second tranche of time-based RSUs granted on April 15, 2022. No shares were sold. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting and settlement of the RSU, one share of the Issuer's common stock. On April 15, 2024, the Reporting Person received a grant of 67,056 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 in three tranches with each tranche eligible to vest based on the Issuer's achievements of certain financial performance targets for the applicable performance period. On April 15, 2024, the Reporting Person received a grant of RSUs which vest in a single tranche based on the Issuer's achievements of certain stretch financial performance targets for the performance period. Reflects performance-based RSUs granted on April 15, 2023 which were forfeited and cancelled in return for consideration. Reflects performance-based RSUs granted on April 15, 2022 which were forfeited and cancelled in return for consideration. /s/ Megan C. Preneta, as Attorney-in-Fact for Mary Fox 2024-04-16