TILE SHOP HOLDINGS, INC. 4
4 · TILE SHOP HOLDINGS, INC. · Filed May 15, 2017
Insider Transaction Report
Form 4
RANDAZZO CARL
Sr. VP - Real Estate & Dev.
Transactions
- Award
Common Stock
2017-05-11+1,850→ 6,522 total - Award
Common Stock
2017-05-11+1,850→ 8,372 total - Award
Stock Option (Right to Buy)
2017-05-11+7,700→ 7,700 totalExercise: $20.35Exp: 2027-05-11→ Common Stock (7,700 underlying)
Holdings
- 234,000
Stock Option (Right to Buy)
Exercise: $10.00Exp: 2022-08-21→ Common Stock (234,000 underlying) - 9,375
Stock Option (Right to Buy)
Exercise: $18.15Exp: 2026-04-20→ Common Stock (9,375 underlying)
Footnotes (6)
- [F1]Represents 1,850 shares of restricted stock for which the Company's purchase option will lapse in installments of 463 shares on each of May 11, 2018 and May 11, 2020 and 462 shares on each of May 11, 2019 and May 11, 2021.
- [F2]Represents 1,850 shares of performance-based restricted stock for which the Company's purchase option will lapse on May 11, 2020 based on the Company's achievement of its three-year adjusted EBITDA target.
- [F3]Includes (i) 4,000 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, 2018, April 20, 2019, April 20, 2020 and April 20, 2021; (ii) 1,850 shares of restricted stock for which the Company's purchase option will lapse in installments of 463 shares on each of May 11, 2018 and May 11, 2020 and 462 shares on each of May 11, 2019 and May 11, 2021; and (iii) 1,850 shares of performance-based restricted stock for which the Company's purchase option will lapse on May 11, 2020 based on the Company's achievement of its three-year adjusted EBITDA target.
- [F4]Fully exercisable.
- [F5]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.
- [F6]Options to purchase 1,925 shares vest on each of May 11, 2018, May 11, 2019, May 11, 2020 and May 11, 2021.