Fund 1 Investments, LLC - Mar 21, 2022 Form 4 Insider Report for TILLY'S, INC. (TLYS)

Role
10%+ Owner
Signature
/s/ Fund 1 Investments, LLC By: Benjamin C. Cable, Chief Operating Officer
Stock symbol
TLYS
Transactions as of
Mar 21, 2022
Transactions value $
$4,695,337
Form type
4
Date filed
1/10/2023, 03:32 PM
Next filing
Jan 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLYS Class A Common Stock Purchase $250K +26.4K +2.57% $9.48 1.05M Mar 21, 2022 See Footnotes F1, F3
transaction TLYS Class A Common Stock Purchase $94.1K +10K +0.81% $9.41 1.24M Mar 24, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $582K +60K +5.69% $9.71 1.11M Mar 29, 2022 See Footnotes F1, F3
transaction TLYS Class A Common Stock Purchase $107K +11K +0.89% $9.74 1.25M Mar 29, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $424K +45K +4.04% $9.41 1.16M Mar 30, 2022 See Footnotes F1, F3
transaction TLYS Class A Common Stock Purchase $47.4K +5K +0.4% $9.48 1.26M Mar 30, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $279K +30K +2.59% $9.31 1.19M Mar 31, 2022 See Footnotes F1, F3
transaction TLYS Class A Common Stock Purchase $12.9K +1.4K +0.11% $9.22 1.26M Mar 31, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $187K +20K +1.59% $9.37 1.28M Mar 31, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $228K +25K +2.1% $9.10 1.21M Apr 1, 2022 See Footnotes F1, F3
transaction TLYS Class A Common Stock Purchase $10.8K +1.2K +0.09% $9.02 1.28M Apr 1, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $274K +30K +2.34% $9.14 1.31M Apr 1, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $183K +20K +1.53% $9.16 1.33M Apr 1, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $90.5K +10K +0.75% $9.05 1.34M Apr 4, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $90.6K +10K +0.75% $9.06 1.35M Apr 4, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $1.8K +200 +0.01% $9.01 1.35M Apr 5, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $266K +29.6K +2.19% $9.00 1.38M Apr 6, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $90.3K +10K +0.73% $9.03 1.39M Apr 6, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $45.2K +5K +0.36% $9.04 1.39M Apr 6, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $38.2K +4.19K +0.3% $9.11 1.4M Apr 6, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $202K +22.3K +1.59% $9.07 1.42M Apr 7, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $183K +20K +1.41% $9.15 1.44M Apr 8, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $90.9K +10K +0.69% $9.09 1.45M Apr 11, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $56K +6K +0.41% $9.33 1.46M Apr 11, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $45.2K +5K +0.34% $9.03 1.46M Apr 12, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $190K +21K +1.44% $9.04 1.48M Apr 12, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $45.3K +5K +0.34% $9.05 1.49M Apr 12, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $200K +21.7K +1.46% $9.22 1.51M Apr 13, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $187K +20.5K +1.36% $9.09 1.53M Apr 14, 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $193K +21K +1.37% $9.21 1.55M Apr 19, 2022 See Footnotes F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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").

Remarks:

This Form 4 constitutes part one of six Forms 4 (collectively, the "Reports") filed by the Reporting Persons to report transactions in securities of the Issuer since March 21, 2022. The Reporting Persons have determined that certain sales made by accounts for which PLP serves as investment adviser, as reported in the Reports, were matchable with purchases by such accounts under Section 16(b) of the Securities Exchange Act of 1934. The Reporting Persons have sent the Company payment of the full amount of their pecuniary interest in the disgorgeable profits arising from such transactions.