TILLY'S, INC. — Director's Dealing 2022

Jul 8, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TILLY'S, INC. (TLYS)
CIK: 0001524025
Period of Report: 2022-07-06

Reporting Person: KERR JANET (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-06	Class A Common Stock	S	8000	$7.1844	Disposed	34414	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	13940	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 17, 2022 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.10 to $7.26, 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 range set forth in this footnote.

F3: Reflects the transfer of 8,868 shares that were previously reported as directly held by the Reporting Person to a family trust (the "Trust"), which were transferred in connection with the vesting of such shares pursuant to a restricted stock unit award.

F4: The shares of Class A Common Stock reported on the table above are held by the Janet Kerr Living Trust U/A DTD 07/16/2004, of which Ms. Kerr is the Trustee.

F5: Includes 2,498 shares inadvertently omitted from the total shares directly held by the Reporting Person in the previous Form 4 filed with the Securities and Exchange Commission on June 17, 2022.