SEC Form 4 · accession 0000899243-18-025494

TUESDAY MORNING CORP/DE · TUES

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Steven R Becker

Officer — Chief Executive Officer · Director

Period of report

Sep 26, 2018

Accepted (ET)

Sep 28, 2018 · 4:20 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000878726

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Sep 26, 2018	A	208,644	$0.00	A	1,160,425	D
Common Stock^F2	Sep 26, 2018	A	230,770	$0.00	A	1,391,195	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option (Right to Buy)^F4,F3	$3.25	Sep 26, 2018	A	248,385	A	—	Sep 26, 2028	Common Stock	248,385	248,385	D
Non-Qualified Stock Option (Right to Buy)^F5	$2.45	holding	—	—	—	—	Sep 19, 2027	Common Stock	248,385	248,385	D
Non-Qualified Stock Option (Right to Buy)^F6	$6.71	holding	—	—	—	—	Sep 1, 2026	Common Stock	248,385	248,385	D
Non-Qualified Stock Option (Right to Buy)^F7	$5.64	holding	—	—	—	—	Feb 2, 2026	Common Stock	295,508	295,508	D
Non-Qualified Stock Option (Right to Buy)^F8	$4.22	holding	—	—	—	—	Jul 1, 2022	Common Stock	10,000	10,000	D

Explanation of responses

F1Represents performance-based restricted stock granted to Steven R. Becker on September 26, 2018, pursuant to the Tuesday Morning Corporation 2014 Long-Term Incentive Plan (the "2014 LTIP"). The performance-based restricted stock vests on the third anniversary of the date of the grant, subject to the satisfaction of certain performance criteria. Reflects the maximum number of shares that may vest.
F2Represents restricted stock units granted to Mr. Becker on September 26, 2018, pursuant to the 2014 LTIP. The restricted stock units vest in equal annual installments over four years beginning on the first anniversary of the grant date.
F3Granted to Mr. Becker on September 26, 2018, pursuant to the 2014 LTIP.
F4The option vests in equal annual installments over four years beginning on the first anniversary of the grant date.
F5The option vests in equal annual installments over four years beginning on the first anniversary of the grant date. The option was granted to Mr. Becker on September 19, 2017, pursuant to the 2014 LTIP.
F6The option vests in equal annual installments over four years beginning on the first anniversary of the grant date. The option was granted to Mr. Becker on September 1, 2016, pursuant to the 2014 LTIP.
F7The option vests in equal annual installments over four years beginning on the first anniversary of the grant date. The option was granted to Mr. Becker on February 2, 2016, pursuant to the 2014 LTIP.
F8The option is fully vested and currently exercisable, and was granted to Mr. Becker on July 1, 2012, pursuant to the Tuesday Morning Corporation 2004 Long-Term Equity Incentive Plan.