SEC Form 4 · accession 0001209191-18-051289
TILLY'S, INC. · TLYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hezy Shaked
Officer — Chief Strategy Officer · Director · 10% Owner
Period of report
Sep 14, 2018
Accepted (ET)
Sep 17, 2018 · 7:23 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 StockF1 | Sep 14, 2018 | C | 517,294 | $0.00 | A | 517,294 | D | |
| Class A Common StockF3 | Sep 14, 2018 | S | 517,294 | $18.50 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1,F4 | — | Sep 14, 2018 | C | 517,294 | D | — | — | Class A Common Stock | 517,294 | 6,282,073 | D |
Explanation of responses
- F1The shares reported herein are held in The Hezy Shaked Living Trust under which the Reporting Person is trustee and beneficiary.
- F2The shares reported in this Form 4 were sold pursuant to the underwriters exercising their option to purchase additional shares of Class A Common Stock in a public underwritten secondary offering (the "Offering") pursuant to a Registration Statement on Form S-3 (File. No. 333-226209).
- F3The price reported in column 4 reflects the public offering price of $18.50 per share pursuant to the terms of the Offering, and excludes underwriting commissions and discounts.
- F4Class B Common Stock has no expiration date and is convertible on a one-for-one basis into shares of Class A Common Stock at the election of the holder or automatically upon the occurrence of certain events.