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TILLY'S, INC. — Director's Dealing 2017
Dec 8, 2017
34528_dirs_2017-12-08_2eca32e1-0604-42b3-b1d9-9724a0fa0332.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TILLY'S, INC. (TLYS)
CIK: 0001524025
Period of Report: 2017-12-06
Reporting Person: ANKER-MORRIS DEBBIE (Chief Merchandising Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-12-06 | CLASS A COMMON STOCK | M | 3312 | $6.74 | Acquired | 22966 | Direct |
| 2017-12-06 | CLASS A COMMON STOCK | M | 27586 | $12.31 | Acquired | 50552 | Direct |
| 2017-12-06 | CLASS A COMMON STOCK | S | 30898 | $15.80 | Disposed | 19654 | Direct |
| 2017-12-06 | CLASS A COMMON STOCK | S | 904 | $15.806 | Disposed | 18750 | Direct |
| 2017-12-07 | CLASS A COMMON STOCK | M | 28664 | $12.31 | Acquired | 47414 | Direct |
| 2017-12-07 | CLASS A COMMON STOCK | S | 28664 | $15.80 | Disposed | 18750 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-12-06 | STOCK OPTION (RIGHT TO BUY) | $6.74 | M | 3312 | Disposed | 2026-03-28 | CLASS A COMMON STOCK (3312) | Direct |
| 2017-12-06 | STOCK OPTION (RIGHT TO BUY) | $12.31 | M | 27586 | Disposed | 2024-03-24 | CLASS A COMMON STOCK (27586) | Direct |
| 2017-12-07 | STOCK OPTION (RIGHT TO BUY) | $12.31 | M | 28664 | Disposed | 2024-03-24 | CLASS A COMMON STOCK (28664) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. The shares were sold in two transactions with one transaction pricing at $15.80 and the other transaction pricing at $15.81. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote.
F2: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $15.80 to $15.82, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, 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 ranges set forth in this footnote.
F3: These are the remaining shares of Class A Common Stock awarded under a restricted stock unit agreement after the sale reported in Table I, Line 4 Column 4. The shares subject to the award are scheduled to vest over a four year period, with 25% of the shares vesting one year from the grant date and 25% of the shares vesting on each succeeding anniversary until all shares have vested.
F4: The option vests in four equal annual installments on each of the next four anniversaries of the grant date, subject to the Reporting Person's continued employment with or service to the Issuer through the applicable vesting date.