TILE SHOP HOLDINGS, INC. 4
4 · TILE SHOP HOLDINGS, INC. · Filed Jun 6, 2016
Insider Transaction Report
Form 4
RANDAZZO CARL
Sr. VP - Real Estate & Dev.
Transactions
- Sale
Common Stock
2016-06-02$18.48/sh−6,000$110,904→ 5,000 total - Exercise/Conversion
Common Stock
2016-06-02$10.00/sh+6,000$60,000→ 11,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2016-06-02−6,000→ 324,000 totalExercise: $10.00Exp: 2022-08-21→ Common Stock (6,000 underlying)
Holdings
- 9,375
Stock Option (Right to Buy)
Exercise: $18.15Exp: 2026-04-20→ Common Stock (9,375 underlying)
Footnotes (3)
- [F1]Includes 5,000 shares of restricted stock for which the Company's purchase option will lapse in equal installments of 1,000 shares on each of April 20, 2017, April 20, 2018, April 20, 2019, April 20, 2020 and April 20, 2021.
- [F2]This option becomes exercisable as to two-thirds of the underlying shares of common stock in 4 equal annual installments beginning on August 21, 2013. This option become exercisable as to one-third of the underlying shares of common stock in 4 equal annual installments beginning on August 21, 2013 provided that the issuer that meets or exceeds certain annual stock price increase targets.
- [F3]Options to purchase 1,875 shares vest on each of April 20, 2017, April 20, 2018, April 20, 2019, April 20, 2020 and April 20, 2021.