Filing Details

Accession Number:
0001213900-21-057471
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-08 20:41:44
Reporting Period:
2021-11-04
Accepted Time:
2021-11-08 20:41:44
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
1106523 Sunny Vanderbeck 2501 N. Harwood St., 20Th Floor
Dallas TX 75201
No No Yes No
1335485 Randy Eisenman 2501 N. Harwood St., 20Th Floor
Dallas TX 75201
No No Yes No
1501320 Satori Capital Strategic Opportunities, Lp 2501 N. Harwood Street
20Th Floor
Dallas TX 75201
No No Yes No
1679721 Satori Capital Iii, Lp 2501 N. Harwood Street
20Th Floor
Dallas TX 75201
No No Yes No
1729954 Richard John Grafer 2501 N. Harwood Street
Suite 2001
Dallas TX 75201
No No Yes No
1744514 Scgpm, Llc 2501 N. Harwood St., 20Th Floor
Dallas TX 75201
No No Yes No
1744515 Satori Capital Iii Gp, Llc 2501 N. Harwood St., 20Th Floor
Dallas TX 75201
No No Yes No
1744516 Satori Capital, Llc 2501 N. Harwood St., 20Th Floor
Dallas TX 75201
Yes No No Yes
1744517 Satori Capital Strategic Opportunities Gp, Llc 2501 N. Harwood St., 20Th Floor
Dallas TX 75201
No No Yes 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 Disposition 2021-11-04 1,007 $80.85 639,350 No 4 S Indirect See footnote
Common Stock Disposition 2021-11-04 21,276 $81.54 618,074 No 4 S Indirect See footnote
Common Stock Disposition 2021-11-04 45,202 $82.38 572,872 No 4 S Indirect See footnote
Common Stock Disposition 2021-11-04 2,515 $83.00 570,357 No 4 S Indirect See footnote
Common Stock Disposition 2021-11-04 100 $85.09 570,257 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Footnotes
  1. 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 $80.85: $80.75 to $80.98, inclusive; (b) with respect to the weighted average price of $81.54: $81.00 to $81.96, inclusive; (c) with respect to the weighted average price of $82.38: $82.00 to $82.99, inclusive and (d) with respect to the weighted average price of $83.00: $83.00 to $83.02, inclusive. The reporting person undertakes 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 (1).
  2. Satori Capital Strategic Opportunities GP, LLC ("Satori CSOGP"), is the general partner of Satori Capital Strategic Opportunities, LP ("Satori CSO") and Satori Capital III GP, LLC ("SCIIIGP"), is the general partner of Satori Capital III, LP ("SCIII"). SCGPM, LLC ("SCGPM") is the manager of Satori CSOGP and SCIIIGP and may be deemed to share voting and dispositive power with respect to the shares held by Satori CSO and SCIII. SCGPM is wholly owned and controlled by Satori Capital, LLC ("Satori Capital"), which is indirectly owned and controlled by Sunny Vanderbeck and Randy Eisenman through entities that Sunny Vanderbeck or Randy Eisenman own or control. By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Grafer may be deemed to have beneficial ownership of certain of the securities that are beneficially owned by Satori CSO and SCIII. Mr. Grafer disclaims beneficial ownership of the securities owned by Satori CSO and SCIII, and the filing of this Form 4 shall not be deemed an admission that Mr. Grafer is the beneficial owner of the securities for purposes of Section 16 of the Exchange Act or for any other purpose.