Janet Kerr - Jul 6, 2022 Form 4 Insider Report for TILLY'S, INC. (TLYS)

Role
Director
Signature
/s/ /Michael L. Henry, Attorney-in-Fact for Janet Kerr
Stock symbol
TLYS
Transactions as of
Jul 6, 2022
Transactions value $
-$57,475
Form type
4
Date filed
7/8/2022, 05:46 PM
Previous filing
Jun 29, 2022
Next filing
Jul 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLYS Class A Common Stock Sale -$57.5K -8K -18.86% $7.18 34.4K Jul 6, 2022 By Trust F1, F2, F3, F4
holding TLYS Class A Common Stock 13.9K Jul 6, 2022 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 17, 2022 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.10 to $7.26, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, 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 range set forth in this footnote.
F3 Reflects the transfer of 8,868 shares that were previously reported as directly held by the Reporting Person to a family trust (the "Trust"), which were transferred in connection with the vesting of such shares pursuant to a restricted stock unit award.
F4 The shares of Class A Common Stock reported on the table above are held by the Janet Kerr Living Trust U/A DTD 07/16/2004, of which Ms. Kerr is the Trustee.
F5 Includes 2,498 shares inadvertently omitted from the total shares directly held by the Reporting Person in the previous Form 4 filed with the Securities and Exchange Commission on June 17, 2022.