4//SEC Filing
Nelson Shawn David 4
Accession 0001628280-25-018252
CIK 0001701758other
Filed
Apr 16, 8:00 PM ET
Accepted
Apr 17, 5:23 PM ET
Size
21.5 KB
Accession
0001628280-25-018252
Insider Transaction Report
Form 4
Lovesac CoLOVE
Nelson Shawn David
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock, $0.00001 par value
2025-04-15+2,772→ 164,888 total - Exercise/Conversion
Restricted Stock Units
2025-04-15−2,772→ 0 total→ Common Stock (2,772 underlying) - Exercise/Conversion
Common Stock, $0.00001 par value
2025-04-15+4,848→ 168,480 total - Tax Payment
Common Stock, $0.00001 par value
2025-04-15$19.49/sh−2,300$44,827→ 166,180 total - Award
Restricted Stock Units
2025-04-15+51,200→ 51,200 total→ Common Stock (51,200 underlying) - Exercise/Conversion
Restricted Stock Units
2025-04-15−4,848→ 4,848 total→ Common Stock (4,848 underlying) - Disposition to Issuer
Restricted Stock Units (Performance-based Vesting)
2025-04-15−4,848→ 9,696 total→ Common Stock (4,848 underlying) - Tax Payment
Common Stock, $0.00001 par value
2025-04-15$19.49/sh−1,256$24,479→ 163,632 total - Award
Restricted Stock Units (Performance-based Vesting)
2025-04-15+51,200→ 51,200 total→ Common Stock (51,200 underlying)
Holdings
- 52,094(indirect: By Trust)
Common Stock, $0.00001 par value
Footnotes (8)
- [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 withheld to satisfy the Reporting Person's tax liability in connection with the settlement of the third tranche of time-based RSUs granted on April 15, 2022. No shares were sold.
- [F3]The reported shares were acquired upon the vesting of the second tranche of time-based RSUs granted on April 15, 2023.
- [F4]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, 2023. 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 RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
- [F7]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.
- [F8]Reflects performance-based RSUs granted on April 15, 2023 which were unearned and forfeited.
Documents
Issuer
Lovesac Co
CIK 0001701758
Entity typeother
Related Parties
1- filerCIK 0001730879
Filing Metadata
- Form type
- 4
- Filed
- Apr 16, 8:00 PM ET
- Accepted
- Apr 17, 5:23 PM ET
- Size
- 21.5 KB