TILE SHOP HOLDINGS, INC. 4

4 · TILE SHOP HOLDINGS, INC. · Filed May 15, 2017

Form 4

Period: 2017-05-11

Chief Financial Officer

Transactions

Award
Common Stock
2017-05-11+3,000→ 9,070 total
Award
Common Stock
2017-05-11+3,000→ 12,070 total
Award
Stock Option (Right to Buy)
2017-05-11+13,200→ 13,200 total
Exercise: $20.35Exp: 2027-05-11→ Common Stock (13,200 underlying)

Holdings

Stock Option (Right to Buy)
Exercise: $10.93Exp: 2021-08-12→ Common Stock (100,000 underlying)
100,000
Stock Option (Right to Buy)
Exercise: $18.15Exp: 2026-04-20→ Common Stock (12,500 underlying)
12,500

Footnotes (6)

[F1]Represents 3,000 shares of restricted stock for which the Company's purchase option will lapse in installments of 750 shares on each of May 11, 2018, May 11, 2019, May 11, 2020 and May 11, 2021.
[F2]Represents 3,000 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) 5,200 shares of restricted stock for which the Company's purchase option will lapse in equal installments of 1,300 shares on each of April 20, 2018, April 20, 2019, April 20, 2020 and April 20, 2021; (ii) 3,000 shares of restricted stock for which the Company's purchase option will lapse in installments of 750 shares on each of May 11, 2018, May 11, 2019, May 11, 2020 and May 11, 2021; and (iii) 3,000 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]Options to purchase 20,000 shares vest on each of August 12, 2015, August 12, 2016, August 12, 2017, August 12, 2018 and August 12, 2019.
[F5]Options to purchase 2,500 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 3,300 shares vest on each of May 11, 2018, May 11, 2019, May 11, 2020 and May 11, 2021.

Documents

1 file