4//SEC Filing
Satori Capital, LLC 4
Accession 0001213900-21-002293
CIK 0001701758other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 6:40 PM ET
Size
21.8 KB
Accession
0001213900-21-002293
Insider Transaction Report
Form 4
Lovesac CoLOVE
Satori Capital, LLC
10% Owner
Transactions
- Sale
Common Stock
2021-01-12$47.05/sh−10,526$495,248→ 1,107,144 total(indirect: See footnote) - Sale
Common Stock
2021-01-14$48.16/sh−69,474$3,345,868→ 1,037,670 total(indirect: See footnote)
Footnotes (2)
- [F1]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 $47.05: $47.00 to $47.38; and (b) with respect to the weighted average price of $48.16: $47.44 to $48.54. 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).
- [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.
Documents
Issuer
Lovesac Co
CIK 0001701758
Entity typeother
IncorporatedTX
Related Parties
1- filerCIK 0001744516
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 6:40 PM ET
- Size
- 21.8 KB