Geadelmann Kirk 4
4 · TILE SHOP HOLDINGS, INC. · Filed Feb 26, 2018
Insider Transaction Report
Form 4
Geadelmann Kirk
Chief Financial Officer
Transactions
- Award
Common Stock
2018-02-22+9,000→ 42,720 total
Holdings
- 100,000
Stock Option (Right to Buy)
Exercise: $10.93Exp: 2021-08-12→ Common Stock (100,000 underlying) - 13,200
Stock Option (Right to Buy)
Exercise: $20.35Exp: 2027-05-11→ Common Stock (13,200 underlying) - 12,500
Stock Option (Right to Buy)
Exercise: $18.15Exp: 2026-04-20→ Common Stock (12,500 underlying) - 26,500
Stock Option (Right to Buy)
Exercise: $8.60Exp: 2027-11-02→ Common Stock (26,500 underlying)
Footnotes (6)
- [F1]Represents 9,000 shares of restricted stock for which the risks of forfeiture will lapse in installments of 2,250 shares on each of February 22, 2019, February 22, 2020, February 22, 2021 and February 22, 2022.
- [F2]Includes (i) 5,200 shares of restricted stock for which the Company's purchase option will lapse in installments of 1,300 shares on each of 4/20/18, 4/10/19, 4/20/20 and 4/20/21; (ii) 3,000 shares of restricted stock for which the Company's purchase option will lapse in installments of 750 shares on each of 5/11/18, 5/11/19, 5/11/20 and 5/11/21; (iii) 3,000 shares of performance-based restricted stock for which the Company's purchase option will lapse on 5/11/20 based on the Company's achievement of its three-year adjusted EBITDA target; (iv) 11,650 shares of restricted stock for which the risks of forfeiture will lapse in installments of 2,912 shares on each of 11/2/18 and 11/2/19 and 2,913 shares on each of 11/2/20 and 11/2/21; and (v) 9,000 shares of restricted stock for which the risks of forfeiture will lapse in installments of 2,250 shares on each of 2/22/19, 2/22/20, 2/22/21 and 2/22/22.
- [F3]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.
- [F4]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.
- [F5]Options to purchase 3,300 shares vest on each of May 11, 2018, May 11, 2019, May 11, 2020 and May 11, 2021.
- [F6]Options to purchase 6,625 shares vest on each of November 2, 2018, November 2, 2019, November 2, 2020 and November 2, 2021.