0001213900-20-042871.txt : 20201215
0001213900-20-042871.hdr.sgml : 20201215
20201215205348
ACCESSION NUMBER: 0001213900-20-042871
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201211
FILED AS OF DATE: 20201215
DATE AS OF CHANGE: 20201215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Satori Capital, LLC
CENTRAL INDEX KEY: 0001744516
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38555
FILM NUMBER: 201391085
BUSINESS ADDRESS:
STREET 1: 2501 N. HARWOOD ST., 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: 2143906270
MAIL ADDRESS:
STREET 1: 2501 N. HARWOOD ST., 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Grafer John Richard
CENTRAL INDEX KEY: 0001729954
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38555
FILM NUMBER: 201391086
MAIL ADDRESS:
STREET 1: 2501 N. HARWOOD STREET
STREET 2: SUITE 2001
CITY: DALLAS
STATE: TX
ZIP: 75201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SCGPM, LLC
CENTRAL INDEX KEY: 0001744514
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38555
FILM NUMBER: 201391087
BUSINESS ADDRESS:
STREET 1: 2501 N. HARWOOD ST., 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: 2143906270
MAIL ADDRESS:
STREET 1: 2501 N. HARWOOD ST., 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Satori Capital Strategic Opportunities GP, LLC
CENTRAL INDEX KEY: 0001744517
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38555
FILM NUMBER: 201391088
BUSINESS ADDRESS:
STREET 1: 2501 N. HARWOOD ST., 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: (214) 390-6270
MAIL ADDRESS:
STREET 1: 2501 N. HARWOOD ST., 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Satori Capital III GP, LLC
CENTRAL INDEX KEY: 0001744515
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38555
FILM NUMBER: 201391089
BUSINESS ADDRESS:
STREET 1: 2501 N. HARWOOD ST., 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: 2143906270
MAIL ADDRESS:
STREET 1: 2501 N. HARWOOD ST., 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Satori Capital Strategic Opportunities, LP
CENTRAL INDEX KEY: 0001501320
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38555
FILM NUMBER: 201391090
BUSINESS ADDRESS:
STREET 1: 2501 N. HARWOOD STREET
STREET 2: 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: 214 390 6270
MAIL ADDRESS:
STREET 1: 2501 N. HARWOOD STREET
STREET 2: 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
FORMER NAME:
FORMER CONFORMED NAME: Satori Capital Strategic Opportunities, L.P.
DATE OF NAME CHANGE: 20100914
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Satori Capital III, LP
CENTRAL INDEX KEY: 0001679721
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38555
FILM NUMBER: 201391091
BUSINESS ADDRESS:
STREET 1: 2501 N. HARWOOD STREET
STREET 2: 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: 214-390-6270
MAIL ADDRESS:
STREET 1: 2501 N. HARWOOD STREET
STREET 2: 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: VANDERBECK SUNNY
CENTRAL INDEX KEY: 0001106523
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38555
FILM NUMBER: 201391092
MAIL ADDRESS:
STREET 1: 2501 N. HARWOOD ST., 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Eisenman Randy
CENTRAL INDEX KEY: 0001335485
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38555
FILM NUMBER: 201391093
MAIL ADDRESS:
STREET 1: 2501 N. HARWOOD ST., 20TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Lovesac Co
CENTRAL INDEX KEY: 0001701758
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FURNITURE STORES [5712]
IRS NUMBER: 320514958
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0202
BUSINESS ADDRESS:
STREET 1: TWO LANDMARK SQUARE, SUITE 300
CITY: STAMFORD
STATE: CT
ZIP: 06901
BUSINESS PHONE: 203-817-2279
MAIL ADDRESS:
STREET 1: TWO LANDMARK SQUARE, SUITE 300
CITY: STAMFORD
STATE: CT
ZIP: 06901
4
1
ownership.xml
OWNERSHIP DOCUMENT
X0306
4
2020-12-11
0
0001701758
Lovesac Co
LOVE
0001744516
Satori Capital, LLC
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS
TX
75201
1
0
0
1
Affiliate of reporting person
0001729954
Grafer John Richard
C/O THE LOVESAC COMPANY
TWO LANDMARK SQUARE, SUITE 300
STAMFORD,
CT
06901
1
0
0
0
0001744514
SCGPM, LLC
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS,
TX
75201
0
0
0
1
Affiliate of reporting person
0001744517
Satori Capital Strategic Opportunities GP, LLC
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS,
TX
75201
0
0
0
1
Affiliate of reporting person
0001744515
Satori Capital III GP, LLC
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS,
TX
75201
0
0
0
1
Affiliate of reporting person
0001501320
Satori Capital Strategic Opportunities, LP
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS,
TX
75201
0
0
0
1
Affiliate of reporting person
0001679721
Satori Capital III, LP
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS,
TX
75201
0
0
0
1
Affiliate of reporting person
0001106523
VANDERBECK SUNNY
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS,
TX
75201
0
0
0
1
Affiliate of reporting person
0001335485
Eisenman Randy
2501 N. HARWOOD ST., 20TH FLOOR
DALLAS,
TX
75201
0
0
0
1
Affiliate of reporting person
Common Stock
2020-12-11
4
D
0
243775
16
A
1310585
I
See footnote
Common Stock
2020-12-11
4
S
0
97052
40.1887
D
1213533
I
See footnote
Common Stock
2020-12-11
4
D
0
106225
16
A
1213533
I
See footnote
Common Stock
2020-12-11
4
S
0
42290
40.1887
D
1171243
I
See footnote
Common Stock
2020-12-11
4
D
0
97510
16
A
1171243
I
See footnote
Common Stock
2020-12-11
4
S
0
38820
40.1887
D
1132423
I
See footnote
Common Stock
2020-12-11
4
D
0
42490
16
A
1132423
I
See footnote
Common Stock
2020-12-11
4
S
0
16916
40.1887
D
1115507
I
See footnote
Common Stock Warrants (right to buy)
16
2020-12-11
4
D
0
243775
0.00
D
2017-10-19
2021-06-29
Common Stock
243775
0
I
See footnote
Common Stock Warrants (right to buy)
16
2020-12-11
4
D
0
106225
0.00
D
2017-10-19
2021-06-29
Common Stock
106225
0
I
See footnote
Common Stock Warrants (right to buy)
16
2020-12-11
4
D
0
97510
0.00
D
2017-03-27
2021-06-29
Common Stock
97510
0
I
See footnote
Common Stock Warrants (right to buy)
16
2020-12-11
4
D
0
42490
0.00
D
2017-03-27
2021-06-29
Common Stock
42490
0
I
See footnote
On December 11, 2020, Satori Capital Strategic Opportunities, LP ("Satori CSO") exercised warrants to purchase 243,775 shares of Lovesac common stock for $16 per share. Satori CSO paid the exercise price on a cashless basis, resulting in Lovesac's withholding of 97,052 of the warrant shares to pay the exercise price and issuing to Satori CSO the remaining 146,723 shares.
On December 11, 2020, Satori Capital III, LP ("SCIII") exercised warrants to purchase 106,225 shares of Lovesac common stock for $16 per share. SCIII paid the exercise price on a cashless basis, resulting in Lovesac's withholding of 42,290 of the warrant shares to pay the exercise price and issuing to SCIII the remaining 63,935 shares.
On December 11, 2020, Satori CSO exercised warrants to purchase 97,510 shares of Lovesac common stock for $16 per share. Satori CSO paid the exercise price on a cashless basis, resulting in Lovesac's withholding of 38,820 of the warrant shares to pay the exercise price and issuing to Satori CSO the remaining 58,690 shares.
On December 11, 2020, SCIII exercised warrants to purchase 42,490 shares of Lovesac common stock for $16 per share. SCIII paid the exercise price on a cashless basis, resulting in Lovesac's withholding of 16,916 of the warrant shares to pay the exercise price and issuing to SCIII the remaining 25,574 shares.
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 SCIII 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 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 Securities Exchange Act of 1934, as amended, or for any other purpose.
Satori Capital, LLC By: /s/ Sunny Vanderbeck Title: President
2020-12-15
/s/ John Richard Grafer
2020-12-15
SCGPM, LLC By: /s/ Sunny Vanderbeck Title: President
2020-12-15
Satori Capital Strategic Opportunities GP, LLC By: SCGPM, LLC, its Manager, By: /s/ Sunny Vanderbeck Title: President
2020-12-15
Satori Capital III GP, LLC By: SCGPM, LLC, its Manager, By: /s/ Sunny Vanderbeck Title: President
2020-12-15
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
2020-12-15
Satori Capital III, LP By: Satori Capital III GP, LLC, its General Partner, By: SCGPM, LLC, its Manager, By: /s/ Sunny Vanderbeck Title: President
2020-12-15
/s/ Sunny Vanderbeck
2020-12-15
/s/ Randy Eisenman
2020-12-15