SEC Form 4 · accession 0001209191-18-037598
TILLY'S, INC. · TLYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Janet Kerr
Director
Period of report
Jun 11, 2018
Accepted (ET)
Jun 13, 2018 · 7:32 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 STOCKF2,F3 | Jun 11, 2018 | S | 5,167 | $15.2299 | D | 34,845 | I | By Trust |
| CLASS A COMMON STOCKF4,F3 | Jun 12, 2018 | A | 5,369 | $0.00 | A | 10,079 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 23, 2018 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.180 to $15.283, 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.
- F3From June 7, 2018 to June 8, 2018, 10,333 shares vested directly with the Reporting Person pursuant to a restricted stock unit agreement, all of which were immediately transferred to a trust (the "Trust") of which the Reporting Person is trustee.
- F4Represents shares of restricted stock, which vest in two equal annual installments on each of the succeeding two anniversaries of the grant date.