SEC Form 4 · accession 0001209191-18-037841
TILLY'S, INC. · TLYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Henry
Officer — CFO
Period of report
Jun 12, 2018
Accepted (ET)
Jun 14, 2018 · 6:11 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 | Jun 12, 2018 | M | 18,750 | $9.82 | A | 33,040 | D | |
| CLASS A COMMON STOCK | Jun 12, 2018 | M | 8,750 | $6.74 | A | 41,790 | D | |
| CLASS A COMMON STOCK | Jun 12, 2018 | M | 8,750 | $8.69 | A | 50,540 | D | |
| CLASS A COMMON STOCKF1 | Jun 12, 2018 | S | 36,250 | $14.7869 | D | 14,290 | 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 | $9.82 | Jun 12, 2018 | M | 18,750 | D | — | Jun 1, 2025 | CLASS A COMMON STOCK | 18,750 | 6,250 | D |
| STOCK OPTION (RIGHT TO BUY)F2 | $6.74 | Jun 12, 2018 | M | 8,750 | D | — | Mar 28, 2026 | CLASS A COMMON STOCK | 8,750 | 17,500 | D |
| STOCK OPTION (RIGHT TO BUY)F2 | $8.69 | Jun 12, 2018 | M | 8,750 | D | — | Mar 27, 2027 | CLASS A COMMON STOCK | 8,750 | 26,250 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $14.50 to $15.29, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, 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 the Reporting Person's continued employment with or service to the Issuer through the applicable vesting date.