SEC Form 4 · accession 0001213900-18-016105
Lovesac Co · LOVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Sunny Vanderbeck
10% Owner
Randy Eisenman
10% Owner
Satori Capital III, LP
10% Owner
SCGPM, LLC
10% Owner
Satori Capital III GP, LLC
10% Owner
Satori Capital, LLC
Director · 10% Owner
Period of report
Nov 15, 2018
Accepted (ET)
Nov 16, 2018 · 7:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001701758
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Nov 15, 2018 | S | 47,850 | $18.05 | D | 1,370,585 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 33,328 shares of Common Stock sold by Satori Capital Strategic Opportunities, LP ("Satori CSO") and 14,522 shares of Common Stock sold by Satori Capital III, LP ("SCIII") sold pursuant to an exercise of the underwriters' overallotment option in connection with a secondary offering of Common Stock by certain selling stockholders of The Lovesac Company.
- F2Represents 954,613 shares of Common Stock owned by Satori CSO and 415,972 shares of Common Stock owned by SCIII. Satori Capital Strategic Opportunities GP, LLC ("Satori CSOGP"), is the general partner of Satori CSO and Satori Capital III GP, LLC ("SCIIIGP"), is the general partner of 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.