EDMOND THOMAS - 30 Jun 2021 Form 4 Insider Report for TILLY'S, INC. (TLYS)

Signature
/s/ Michael L. Henry, Attorney-in-Fact for Edmond Thomas
Issuer symbol
TLYS
Transactions as of
30 Jun 2021
Net transactions value
-$2,012,840
Form type
4
Filing time
02 Jul 2021, 17:54:36 UTC
Previous filing
15 Jun 2021
Next filing
09 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLYS Class A Common Stock Options Exercise $64,715 +10,679 +178% $6.06 16,679 30 Jun 2021 Direct
transaction TLYS Class A Common Stock Sale $170,937 -10,679 -64% $16.01 6,000 30 Jun 2021 Direct F1
transaction TLYS Class A Common Stock Options Exercise $652,771 +107,718 +1795% $6.06 113,718 01 Jul 2021 Direct
transaction TLYS Class A Common Stock Sale $1,748,500 -107,718 -95% $16.23 6,000 01 Jul 2021 Direct F2
transaction TLYS Class A Common Stock Options Exercise $494,514 +81,603 +1360% $6.06 87,603 02 Jul 2021 Direct
transaction TLYS Class A Common Stock Sale $1,305,403 -81,603 -93% $16.00 6,000 02 Jul 2021 Direct F3

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) Options Exercise $0 -10,679 -5.3% $0.000000 189,321 30 Jun 2021 Class A Common Stock 10,679 $6.06 Direct F4
transaction TLYS Stock Option (Right to Buy) Options Exercise $0 -107,718 -57% $0.000000 81,603 01 Jul 2021 Class A Common Stock 107,718 $6.06 Direct F4
transaction TLYS Stock Option (Right to Buy) Options Exercise $0 -81,603 -100% $0.000000* 0 02 Jul 2021 Class A Common Stock 81,603 $6.06 Direct F4
* 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 $16.00 to $16.03, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.41, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.90 to $16.41, 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.
F4 The option vested 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.