Robert Simon Goodwin - Jun 8, 2021 Form 4 Insider Report for TILLY'S, INC. (TLYS)

Role
Title: SVP, General Merchandising Manager
Signature
/s/ Michael L. Henry, Attorney-in-Fact for Robert Simon Goodwin
Stock symbol
TLYS
Transactions as of
Jun 8, 2021
Transactions value $
-$53,402
Form type
4
Date filed
6/10/2021, 07:38 PM
Previous filing
Jun 10, 2021
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLYS Class A Common Stock Exercise of in-the-money or at-the-money derivative security $43.3K +6.25K $6.92 6.25K Jun 8, 2021 Direct
transaction TLYS Class A Common Stock Sale -$96.7K -6.25K -100% $15.46 0 Jun 8, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TLYS Stock Option (Right to Buy) Exercise of in-the-money or at-the-money derivative security $0 -6.25K -25% $0.00 18.8K Jun 8, 2021 Class A Common Stock 6.25K $6.92 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.04 to $15.50, 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 option vests 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.

Remarks:

Title: SVP, General Merchandising Manager