TILLY'S, INC. — Director's Dealing 2023

Apr 4, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TILLY'S, INC. (TLYS)
CIK: 0001524025
Period of Report: 2023-03-31

Reporting Person: Fund 1 Investments, LLC (N/A)
Reporting Person: Pleasant Lake Onshore Feeder Fund LP (N/A)
Reporting Person: Pleasant Lake Partners LLC (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-31	Class A Common Stock	P	14070	$7.4966	Acquired	2871606	Indirect
2023-03-31	Class A Common Stock	P	10000	$7.566	Acquired	2881606	Indirect
2023-03-31	Class A Common Stock	P	11570	$7.6734	Acquired	2893176	Indirect
2023-04-03	Class A Common Stock	P	10000	$7.585	Acquired	2903176	Indirect
2023-04-03	Class A Common Stock	P	34000	$7.6035	Acquired	2937176	Indirect
2023-04-04	Class A Common Stock	P	34200	$7.5642	Acquired	2971376	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1559510	Indirect
Class A Common Stock	633466	Indirect

Footnotes

F1: Shares reported herein are held for the benefit of Pleasant Lake Onshore Feeder Fund, LP (the "PL Fund") and additional private investment vehicles for which Pleasant Lake Partners LLC ("PLP") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein.

F2: Shares held for the account of the PL Fund.

F3: Shares held for the account of an unaffiliated private fund for which PLP serves as investment adviser ("Client 2").

F4: Shares held for the account of an unaffiliated private fund for which PLP serves as investment adviser ("Client 3").