Lovesac Company

10/27/2021 | Press release | Distributed by Public on 10/27/2021 17:13

Statement of Changes in Beneficial Ownership (Form 4)

Ownership Submission
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. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287Expires:January 31, 2005Estimated average burden hours per response...0.5
1. Name and Address of Reporting Person *
Satori Capital, LLC
2. Issuer Name and Ticker or Trading Symbol
Lovesac Co [LOVE] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
/ Affiliate of reporting person
(Last) (First) (Middle)
2501 N. HARWOOD ST., 20TH FLOOR ,
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
DALLAS TX 75201
4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Join/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Satori Capital, LLC
2501 N. HARWOOD ST., 20TH FLOOR

DALLAS, TX75201 		X

Affiliate of reporting person
Grafer John Richard
2501 N. HARWOOD STREET
SUITE 2001
DALLAS, TX75201 		X

SCGPM, LLC
2501 N. HARWOOD ST., 20TH FLOOR

DALLAS, TX75201


Affiliate of reporting person
Satori Capital Strategic Opportunities GP, LLC
2501 N. HARWOOD ST., 20TH FLOOR

DALLAS, TX75201


Affiliate of reporting person
Satori Capital III GP, LLC
2501 N. HARWOOD ST., 20TH FLOOR

DALLAS, TX75201


Affiliate of reporting person
Satori Capital Strategic Opportunities, LP
2501 N. HARWOOD STREET
20TH FLOOR
DALLAS, TX75201


Affiliate of reporting person
Satori Capital III, LP
2501 N. HARWOOD STREET
20TH FLOOR
DALLAS, TX75201


Affiliate of reporting person
VANDERBECK SUNNY
2501 N. HARWOOD ST., 20TH FLOOR

DALLAS, TX75201


Affiliate of reporting person
Eisenman Randy
2501 N. HARWOOD ST., 20TH FLOOR

DALLAS, TX75201


Affiliate of reporting person

Signatures

Satori Capital, LLC By: /s/ Sunny Vanderbeck Title: President 2021-10-27
**Signature of Reporting Person Date
/s/ John Richard Grafer 2021-10-27
**Signature of Reporting Person Date
SCGPM, LLC By: /s/ Sunny Vanderbeck Title: President 2021-10-27
**Signature of Reporting Person Date
Satori Capital Strategic Opportunities GP, LLC By: SCGPM, LLC, its Manager, By: /s/ Sunny Vanderbeck Title: President 2021-10-27
**Signature of Reporting Person Date
Satori Capital III GP, LLC By: SCGPM, LLC, its Manager, By: /s/ Sunny Vanderbeck Title: President 2021-10-27
**Signature of Reporting Person Date
Satori Capital Strategic Opportunities, LP By: Satori Capital Strategic Opportunities GP, LLC, its General Partner, By: SCGPM, LLC, its Manager, By: /s/ Sunny Vanderbeck Title: President 2021-10-27
**Signature of Reporting Person Date
Satori Capital III, LP By: Satori Capital III GP, LLC, its General Partner, By: SCGPM, LLC, its Manager, By: /s/ Sunny Vanderbeck Title: President 2021-10-27
**Signature of Reporting Person Date
/s/ Sunny Vanderbeck 2021-10-27
**Signature of Reporting Person Date
/s/ Randy Eisenman 2021-10-27
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.14, 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.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.