TILLY'S, INC. — Director's Dealing 2015

Jan 15, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TILLY'S, INC. (TLYS)
CIK: 0001524025
Period of Report: 2015-01-13

Reporting Person: DEMERIT CRAIG (VICE PRESIDENT, CIO & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-13	CLASS A COMMON STOCK	M	10000	$6.45	Acquired	10000	Direct
2015-01-13	CLASS A COMMON STOCK	S	10000	$13.90	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-13	STOCK OPTION (RIGHT TO BUY)	$6.45	M	10000	Disposed	2019-04-20	CLASS A COMMON STOCK (10000)	Direct

Footnotes

F1: Exercise and sale of Class A Common Stock pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 16, 2014 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

F2: The option is fully vested and is exercisable.