SEC Form 4 · accession 0001181431-15-000952
TILLY'S, INC. · TLYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig Demerit
Officer — VICE PRESIDENT, CIO & COO
Period of report
Jan 13, 2015
Accepted (ET)
Jan 15, 2015 · 9:21 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001524025
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CLASS A COMMON STOCK | Jan 13, 2015 | M | 10,000 | $6.45 | A | 10,000 | D | |
| CLASS A COMMON STOCK | Jan 13, 2015 | S | 10,000 | $13.90 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTION (RIGHT TO BUY)F2 | $6.45 | Jan 13, 2015 | M | 10,000 | D | — | Apr 20, 2019 | CLASS A COMMON STOCK | 10,000 | 0 | D |
Explanation of responses
- F1Exercise and sale of Class A Common Stock pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 16, 2014 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2The option is fully vested and is exercisable.