Edmond Thomas - Dec 7, 2021 Form 4 Insider Report for TILLY'S, INC. (TLYS)

Role
President and CEO, Director
Signature
/s/ Michael L. Henry, Attorney-in-Fact for Edmond Thomas
Stock symbol
TLYS
Transactions as of
Dec 7, 2021
Transactions value $
-$393,239
Form type
4
Date filed
12/9/2021, 06:31 PM
Previous filing
Jul 2, 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 Options Exercise $186K +27.7K +460.93% $6.74 33.7K Dec 7, 2021 Direct
transaction TLYS Class A Common Stock Sale -$445K -27.7K -82.17% $16.10 6K Dec 7, 2021 Direct F1
transaction TLYS Class A Common Stock Options Exercise $97.7K +14.5K +241.57% $6.74 20.5K Dec 8, 2021 Direct
transaction TLYS Class A Common Stock Sale -$232K -14.5K -70.72% $16.00 6K Dec 8, 2021 Direct F2

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 -27.7K -55.31% $0.00 22.3K Dec 7, 2021 Class A Common Stock 27.7K $6.74 Direct F3
transaction TLYS Stock Option (Right to Buy) Options Exercise $0 -14.5K -64.87% $0.00 7.85K Dec 8, 2021 Class A Common Stock 14.5K $6.74 Direct F3
* 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 $16.25, 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 $16.04, 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 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.