SEC Form 4 · accession 0000914190-19-000046
TILE SHOP HOLDINGS, INC. · TTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cabell Lolmaugh
Officer — Chief Executive Officer · Director
Period of report
Feb 20, 2019
Accepted (ET)
Feb 22, 2019 · 5:18 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 StockF1 | holding | — | — | — | 33,466 | 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)F7 | $6.26 | Feb 20, 2019 | A | 97,067 | A | — | Feb 20, 2029 | Common Stock | 97,067 | 97,067 | D |
| Stock Option (Right to Buy)F2 | $10.00 | holding | — | — | — | — | Aug 21, 2022 | Common Stock | 2,750 | 2,750 | D |
| Stock Option (Right to Buy)F3 | $8.58 | holding | — | — | — | — | Oct 21, 2021 | Common Stock | 5,700 | 5,700 | D |
| Stock Option (Right to Buy)F4 | $14.19 | holding | — | — | — | — | Jul 14, 2022 | Common Stock | 1,613 | 1,613 | D |
| Stock Option (Right to Buy)F5 | $8.50 | holding | — | — | — | — | Nov 6, 2027 | Common Stock | 26,900 | 26,900 | D |
| Stock Option (Right to Buy)F6 | $5.55 | holding | — | — | — | — | Feb 22, 2028 | Common Stock | 56,000 | 56,000 | D |
Explanation of responses
- F1Includes (i) 9,036 shares of restricted stock for which the risks of forfeiture will lapse as to 3,012 shares on each of 10/17/19, 10/17/20 and 10/17/21 and (ii) 22,500 shares of restricted stock for which the risks of forfeiture will lapse as to 5,625 shares on each of 2/22/19, 2/22/20, 2/22/21 and 2/22/22.
- F2Fully exercisable.
- F3Options to purchase 2,700 shares are vested and options to purchase 1,500 shares vest on each of October 21, 2018 and October 21, 2019.
- F4Options to purchase 969 shares are vested and options to purchase 322 shares vest on each of July 14, 2019 and July 14, 2020.
- F5Options to purchase 6,725 shares vest on each of November 6, 2018, November 6, 2019, November 6, 2020 and November 6, 2021.
- F6Options to purchase 14,000 shares vest on each of February 22, 2019, February 22, 2020, February 22, 2021 and February 22, 2022.
- F7Options to purchase 24,266 shares vest on February 20, 2020 and options to purchase 24,267 shares vest on each of February 20, 2021, February 20, 2022 and February 20, 2023.