Accession Number: | 0001213900-21-066801 |
Date: | 2021-12-17 |
Issuer: | LOVESAC CO (LOVE) |
Original Submission Date: |
GRAFER JOHN RICHARD
TWO LANDMARK SQUARE, SUITE 300
STAMFORD, CT 06901
SATORI CAPITAL, LLC
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS, TX 75201
SCGPM, LLC
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS, TX 75201
SATORI CAPITAL STRATEGIC OPPORTUNITIES GP, LLC
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS, TX 75201
SATORI CAPITAL III GP, LLC
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS, TX 75201
SATORI CAPITAL STRATEGIC OPPORTUNITIES, LP
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS, TX 75201
SATORI CAPITAL III, LP
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS, TX 75201
VANDERBECK SUNNY
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS, TX 75201
EISENMAN RANDY
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS, TX 75201
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2021-12-17 | M | 254 | a | $0.00 | 465,457 | indirect | f2 |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNITS | 0.0 | 2021-12-17 | deemed execution date | M | 254 (d) | common stock 254 | $0.00 | 0 | indirect | see footnote |
ID | footnote |
---|---|
f1 | the reporting shares were acquired upon the vesting in full of time-based restricted stock units ("rsus") granted on december 17, 2020. each rsu converted into one share of the issuer's common stock. |
f2 | 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. |
f3 | each rsu represented the contingent right to receive one share of the issuer's common stock. |
f4 | the rsus vested in full on december 17, 2021. |
f5 | the rsus were granted to mr. grafer, a partner at satori capital, in connection with his service as a member of the board of directors of the issuer. pursuant to the policies of satori capital, mr. grafer holds these rsus as a nominee on behalf, and for the sole benefit of, satori capital. mr. grafer disclaims beneficial ownership of the rsus, 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 securities exchange act of 1934, as amended, or for any other purpose. satori capital is indirectly owned and controlled by sunny vanderbeck and randy eisenman through entities that sunny vanderbeck or randy eisenman own or control. |