Filing Details

Accession Number:
0001213900-21-050073
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-27 17:21:15
Reporting Period:
2021-09-23
Accepted Time:
2021-09-27 17:21:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1701758 Lovesac Co LOVE () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1259062 R Andrew Heyer C/O The Lovesac Company
Two Landmark Square, Suite 300
Stamford CT 06901
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.00001 Par Value Disposition 2021-09-23 37,405 $75.27 467,012 No 4 S Indirect See footnotes
Common Stock, $0.00001 Par Value Disposition 2021-09-23 33,595 $75.27 433,417 No 4 S Indirect See footnotes
Common Stock, $0.00001 Par Value Disposition 2021-09-24 13,171 $75.33 420,246 No 4 S Indirect See footnotes
Common Stock, $0.00001 Par Value Disposition 2021-09-24 11,829 $75.33 408,417 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.00001 Par Value 161,725 Direct
Common Stock, $0.00001 Par Value 38,287 Indirect See footnote
Footnotes
  1. Represents shares sold by Mistral Equity Partners, LP ("MEP, LP").
  2. Represents shares sold by Mistral Equity Partners QP, LP ("Mistral QP"). The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by MEP, LP and Mistral QP on July 15, 2021.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $75.27: $75.00 to $76.00; and (b) with respect to the weighted average price of $75.33: $75.04 to $75.59. The reporting persons undertake to provide to The Lovesac Company, any security holder of The Lovesac Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3).
  4. By reason of the provisions of Rule 16a-1 of the Exchange Act, Mr. Heyer may be deemed to have beneficial ownership of certain of the securities that are beneficially owned by MEP, LP, Mistral QP and MEP Co-Invest, LLC, (together, the "Mistral Funds"). Each of the Mistral Funds is controlled by Mr. Heyer. Mr. Heyer disclaims beneficial ownership of the securities owned by the Mistral Funds, except to the extent of Mr. Heyer's pecuniary interest therein.
  5. These shares are owned directly by Andrew S. Heyer.
  6. These shares are held by Heyer Investment Management, LLC and Andrew R. Heyer 2007 Associates, L.P., each of which Mr. Heyer controls.