SEC Form 4 · accession 0001181431-15-005197
TILLY'S, INC. · TLYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer Ehrhardt
Officer — CHIEF FINANCIAL OFFICER
Period of report
Mar 24, 2015
Accepted (ET)
Mar 26, 2015 · 8:18 pm EDT
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 | Mar 24, 2015 | M | 200 | $12.31 | A | 22,700 | D | |
| CLASS A COMMON STOCK | Mar 24, 2015 | S | 200 | $15.90 | D | 22,500 | D | |
| CLASS A COMMON STOCK | Mar 26, 2015 | M | 12,300 | $12.31 | A | 34,800 | D | |
| CLASS A COMMON STOCKF1 | Mar 26, 2015 | S | 12,300 | $15.3507 | D | 22,500 | 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 | $12.31 | Mar 24, 2015 | M | 200 | D | — | Mar 24, 2024 | CLASS A COMMON STOCK | 200 | 49,800 | D |
| STOCK OPTION (RIGHT TO BUY)F2 | $12.31 | Mar 26, 2015 | M | 12,300 | D | — | Mar 24, 2024 | CLASS A COMMON STOCK | 12,300 | 37,500 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.31 to $15.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.
- F2The option vests in four equal annual installments on each of the next four anniversaries of the grant date, subject to continued service with the Company.