SEC Form 4 · accession 0000914190-16-000871
TILE SHOP HOLDINGS, INC. · TTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Krasnow
Director
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 4:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001552800
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 16, 2016 | S | 1,000 | $19.2288 | D | 5,000 | I | By Todd & Deborah Krasnow Foundation |
| Common StockF2 | Nov 16, 2016 | S | 1,000 | $19.3019 | D | 3,000 | I | By Todd & Deborah Krasnow Charitable Remainder CRUT |
| Common StockF1 | holding | — | — | — | 91,590 | D | ||
| Common Stock | holding | — | — | — | 10,000 | I | By Hobart Road Charitable Remainder CRUT | |
| Common StockF3 | holding | — | — | — | 2,600 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 3,233 shares of restricted stock granted pursuant to the Company's 2012 Omnibus Award Plan, which are subject to a purchase option in favor of the Company until the earlier of (a) the date of the Company's next annual meeting of stockholders and (2) August 22, 2017.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.30 to $19.3097. The reporting person undertakes to provide Tile Shop Holdings, Inc., any security holder of Tile Shop Holdings, Inc. 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 range set forth in this footnote.
- F3These securities are owned by reporting person's spouse. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.