TILLY'S, INC. — Director's Dealing 2021

Jul 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TILLY'S, INC. (TLYS)
CIK: 0001524025
Period of Report: 2021-06-30

Reporting Person: THOMAS EDMOND (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-30	Class A Common Stock	M	10679	$6.06	Acquired	16679	Direct
2021-06-30	Class A Common Stock	S	10679	$16.0068	Disposed	6000	Direct
2021-07-01	Class A Common Stock	M	107718	$6.06	Acquired	113718	Direct
2021-07-01	Class A Common Stock	S	107718	$16.2322	Disposed	6000	Direct
2021-07-02	Class A Common Stock	M	81603	$6.06	Acquired	87603	Direct
2021-07-02	Class A Common Stock	S	81603	$15.997	Disposed	6000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-30	Stock Option (Right to Buy)	$6.06	M	10679	Disposed	2025-12-07	Class A Common Stock (10679)	Direct
2021-07-01	Stock Option (Right to Buy)	$6.06	M	107718	Disposed	2025-12-07	Class A Common Stock (107718)	Direct
2021-07-02	Stock Option (Right to Buy)	$6.06	M	81603	Disposed	2025-12-07	Class A Common Stock (81603)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.03, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.41, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.90 to $16.41, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.

F4: The option vested in four equal annual installments on each of the 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.