---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-021498"
form_type: "8-K"
ticker: "LVLU"
cik: "0001780201"
company_name: "Lulu's Fashion Lounge Holdings, Inc."
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T14:17:10.771463+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Executive Chairman McCreight forfeits 161K unvested options; extends vested option exercise period to 3 years

## Summary
- Voluntary forfeiture of 161,396 unvested stock options; expected cost savings of $2.7-$2.9M.
- Amendment extends post-termination exercise period for 161,397 vested options from 90 days to 3 years; immediate $50k-$80k expense.
- McCreight remains Executive Chairman under agreement through at least March 5, 2024, with automatic six-month extension unless notice given.

## SEC filing metadata
- accession: 0001104659-23-021498
- form_type: 8-K
- ticker: LVLU
- cik: 0001780201
- company_name: Lulu's Fashion Lounge Holdings, Inc.
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1780201/000110465923021498/0001104659-23-021498-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1780201/000110465923021498/tm236633d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-021498
- JSON: https://secwatch.observer/filing/0001104659-23-021498.json
- Plain text: https://secwatch.observer/filing/0001104659-23-021498.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.