Michael J. Mardy - May 23, 2022 Form 4 Insider Report for Lulu's Fashion Lounge Holdings, Inc. (LVLU)

Role: Director
Signature: /s/ Alexa Pisczak as attorney-in-fact for Michael J. Mardy
Stock symbol: LVLU
Transactions as of: May 23, 2022
Transactions value $: $23,923
Form type: 4
Date filed: 5/24/2022, 08:09 PM
Previous filing: Feb 1, 2022
Next filing: Jun 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LVLU	Common Stock	Purchase	$23.9K	+2K	+7.31%	$11.96^*	29.4K	May 23, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.96 to $11.97. The Reporting Person undertakes to provide to Lulu's Fashion Lounge Holdings, Inc. (the "Company"), any security holder of the 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 this footnote.
F2	Represents (a) 2,000 shares of common stock and (b) 27,368 restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of common stock. The award was granted on January 31, 2022, with 22,397 RSUs vesting in three equal, annual installments beginning on January 31, 2023 and 4,971 RSUs to vest in full on June 14, 2022.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.96 to $11.97. The Reporting Person undertakes to provide to Lulu's Fashion Lounge Holdings, Inc. (the "Company"), any security holder of the 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 this footnote.

Represents (a) 2,000 shares of common stock and (b) 27,368 restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of common stock. The award was granted on January 31, 2022, with 22,397 RSUs vesting in three equal, annual installments beginning on January 31, 2023 and 4,971 RSUs to vest in full on June 14, 2022.