Fund 1 Investments, LLC - 02 Dec 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
Issuer symbol
TLYS
Transactions as of
02 Dec 2022
Net transactions value
-$1,397,517
Form type
4
Filing time
10 Jan 2023, 15:34:41 UTC
Previous filing
10 Jan 2023
Next filing
14 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLYS Class A Common Stock Purchase $198,885 +20,100 +3.7% $9.89 567,866 02 Dec 2022 See Footnotes F1, F4
transaction TLYS Class A Common Stock Sale $961,360 -100,000 -6.2% $9.61 1,514,010 02 Dec 2022 See Footnotes F1, F3
transaction TLYS Class A Common Stock Sale $1,442,040 -150,000 -6.1% $9.61 2,308,161 02 Dec 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Sale $393,923 -39,242 -1.7% $10.04 2,268,919 02 Dec 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $126,334 +13,000 +0.86% $9.72 1,527,010 05 Dec 2022 See Footnotes F1, F3
transaction TLYS Class A Common Stock Purchase $262,812 +27,500 +1.8% $9.56 1,554,510 06 Dec 2022 See Footnotes F1, F3
transaction TLYS Class A Common Stock Purchase $48,372 +5,000 +0.32% $9.67 1,559,510 07 Dec 2022 See Footnotes F1, F3
transaction TLYS Class A Common Stock Purchase $95,700 +10,000 +0.44% $9.57 2,278,919 07 Dec 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $72,383 +7,500 +1.3% $9.65 575,366 08 Dec 2022 See Footnotes F1, F4
transaction TLYS Class A Common Stock Purchase $263,220 +28,000 +4.9% $9.40 603,366 09 Dec 2022 See Footnotes F1, F4
transaction TLYS Class A Common Stock Purchase $18,518 +2,000 +0.09% $9.26 2,280,919 12 Dec 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $42,437 +4,500 +0.2% $9.43 2,285,419 13 Dec 2022 See Footnotes F1, F2
transaction TLYS Class A Common Stock Purchase $178,345 +19,500 +3.2% $9.15 622,866 15 Dec 2022 See Footnotes F1, F4
transaction TLYS Class A Common Stock Purchase $18,182 +2,000 +0.32% $9.09 624,866 16 Dec 2022 See Footnotes F1, F4
transaction TLYS Class A Common Stock Purchase $74,618 +8,600 +1.4% $8.68 633,466 19 Dec 2022 See Footnotes F1, F4
* 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").
F4 Shares held for the account of an unaffiliated private fund for which PLP serves as investment adviser ("Client 3").

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.