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