FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

HEYER ANDREW R
2. Issuer Name and Ticker or Trading Symbol

Lovesac Co [ LOVE ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

C/O MISTRAL EQUITY PARTNERS, 650 FIFTH AVENUE, 10TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

12/23/2019
(Street)

NEW YORK, NY 10019
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.00001 12/23/2019  P  4200 A$14.00 4200 D  
Common Stock, par value $0.00001 12/24/2019  P  10260 A$14.4503 (1)14460 D  
Common Stock, par value $0.00001         2193599 I See Footnote (2)(3)
Common Stock, par value $0.00001         430304 I See Footnote (2)(4)
Common Stock, par value $0.00001         154433 I See Footnote (2)(5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (6)           (7) (7)Common Stock 3245  3245 D  
Restricted Stock Units  (6)           (8) (8)Common Stock 3245  3245 D  
Warrants to Purchase Common Stock $16           5/30/2017 6/29/2021 Common Stock 75000  75000 I See Footnote (2)(3)
Warrants to Purchase Common Stock $16           5/30/2017 6/29/2021 Common Stock 90000  90000 I See Footnote (2)(9)
Warrants to Purchase Common Stock $16           10/19/2017 6/29/2021 Common Stock 74200  74200 I See Footnote (2)(5)

Explanation of Responses:
(1) The price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions ranged from $14.27 to $14.50, inclusive. Upon request of the SEC staff or the issuer, the reporting person will provide full information regarding the number of shares purchased at each separate price.
(2) 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 Mistral Sac Holdings 2, LLC ("MSH2"), Mistral Sac Holdings 3, LLC ("MSH3"), Mistral Sac Holdings 4, LLC ("MSH4") and the Mistral Funds (as defined below). Mr. Heyer disclaims beneficial ownership of the securities owned by MSH2, MSH3, MSH4 and the Mistral Funds, except to the extent of Mr. Heyer's pecuniary interest therein.
(3) These securities are held by Mistral Equity Partners, LP, Mistral Equity Partners QP, LP and MEP Co-Invest, LLC (collectively, the "Mistral Funds"), each of which is controlled by Mr, Heyer.
(4) These securities are held by MSH2.
(5) These securities are held by MSH4.
(6) Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the registrant's common stock.
(7) The reporting person received a grant of 3,245 RSUs, of which 100% are subject vesting on the first anniversary of the October 2, 2019 grant date.
(8) The reporting person received a grant of 3,245 RSUs, of which 50% are subject vesting on the first anniversary of the October 2, 2019 grant date and 50% are subject vesting on the second anniversary of the grant date.
(9) These securities are held by MSH3.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
HEYER ANDREW R
C/O MISTRAL EQUITY PARTNERS
650 FIFTH AVENUE, 10TH FLOOR
NEW YORK, NY 10019
XX


Signatures
/s/ Andrew R. Heyer12/26/2019
**Signature of Reporting PersonDate

Lovesac (NASDAQ:LOVE)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Lovesac Charts.
Lovesac (NASDAQ:LOVE)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Lovesac Charts.