8-K
filed June 2, 2023, 7:59 PM ET
ticker LOVE
CIK 0001701758
other material
confidence high
sentiment neutral
materiality 0.50
Lovesac shareholders approve 225K-share boost to equity incentive plan
Lovesac Co
- Stockholders approved amendment to 2017 Equity Incentive Plan, increasing authorized shares by 225,000 to 2,879,889.
- All eight director nominees elected; voting results showed support for each, with some close margins (e.g., Andrew Heyer 5.84M for vs 4.23M withhold).
- Advisory say-on-pay proposal passed with 9.35M votes in favor; ratification of Deloitte as auditor passed with 11.69M votes.
- Plan amendment effective immediately upon stockholder approval at June 1, 2023 annual meeting.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
Lovesac Co shareholders approved Ratification of the appointment of Deloitte & Touche LLP as independent auditor for the Company for the fiscal year ending February 4, 2024. at the 2023-06-01 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-01
Exact text from the filing
PROPOSAL 4 - Ratification of the appointment of Deloitte & Touche LLP as independent auditor for the Company for the fiscal year ending February 4, 2024. For Against Abstain Broker Non-Vote 11,687,489 11,357 59,462 1,692,807
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
Lovesac Co shareholders approved Election of eight directors at the 2023-06-01 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-01
Exact text from the filing
The following are the voting results on the four proposals considered and voted upon at the Annual Meeting, all of which were described in the Company's Proxy Statement. PROPOSAL 1 - Election of eight (8) directors . For Withhold Broker Non-Vote John Grafer 8,376,273 1,689,228 1,692,807 Andrew Heyer 5,840,384 4,225,117 1,692,807 Jack Krause 9,943,957 121,544 1,692,807 Sharon Leite 9,351,212 714,289 1,692,807 Walter McLallen 9,293,327 772,174 1,692,807 Vineet Mehra 9,937,977 127,524 1,692,807 Shawn Nelson 9,947,994 117,507 1,692,807 Shirley Romig 7,956,633 2,108,868 1,692,807
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
Lovesac Co shareholders approved Advisory approval of the Company's fiscal 2023 compensation for its named executive officers. at the 2023-06-01 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-01
Exact text from the filing
PROPOSAL 2 - Advisory approval of the Company's fiscal 2023 compensation for its named executive officers. For Against Abstain Broker Non-Vote 9,351,870 648,808 64,823 1,692,807
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
Lovesac Co shareholders approved Approval of the Amendment to the Second Amended and Restated 2017 Equity Incentive Plan that increases the number of shares for issuance thereunder by 225,000. at the 2023-06-01 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-06-01
Exact text from the filing
PROPOSAL 3 - Approval of the Amendment to the Second Amended and Restated 2017 Equity Incentive Plan that increases the number of shares for issuance thereunder by 225,000. For Against Abstain Broker Non-Vote 9,124,564 880,462 60,475 1,692,807
View on SEC.gov
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