|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (11) | 06/05/2022 | M | 2,669 | (4) | (4) | Common Stock | 2,669.00 | $ 0 | 0 | D | ||||
Restricted Stock Units | (11) | 06/05/2022 | M | 7,144 | (6) | (6) | Common Stock | 7,144.00 | $ 0 | 7,146 | D | ||||
Restricted Stock Units | (11) | 06/07/2022 | M | 1,457 | (8) | (8) | Common Stock | 1,457.00 | $ 0 | 2,916 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Nelson Shawn David C/O THE LOVESAC COMPANY TWO LANDMARK SQUARE, SUITE 300 STAMFORD, CT 06901 |
X | Chief Executive Officer |
/s/ Megan C. Preneta, as Attorney-in-Fact for Shawn Nelson | 06/07/2022 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the settlement of the third tranche of performance-based restricted stock units ("RSUs") granted on June 5, 2019 that vested on March 24, 2022. No shares were sold. |
(2) | The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the settlement of the second tranche of performance-based RSUs granted on June 5, 2020 that vested on March 24, 2022. No shares were sold. |
(3) | The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the settlement of the first tranche of performance-based RSUs granted on June 7, 2021 that vested on March 24, 2022. No shares were sold. |
(4) | The reported shares were acquired upon the vesting of the third tranche of time-based RSUs granted on June 5, 2019. |
(5) | The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of the third tranche of time-based RSUs granted on June 5, 2019. No shares were sold. |
(6) | The reported shares were acquired upon the vesting of the second tranche of time-based RSUs granted on June 5, 2020. |
(7) | The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of the second tranche of time-based RSUs granted on June 5, 2020. No shares were sold. |
(8) | The reported shares were acquired upon the vesting of the first tranche of time-based RSUs granted on June 7, 2021. |
(9) | 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 7, 2021. No shares were sold. |
(10) | 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. |
(11) | Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. |