Home/Filings/4/0001104659-23-001943
4//SEC Filing

KINDER JOSEPH 4

Accession 0001104659-23-001943

CIK 0001552800other

Filed

Jan 5, 7:00 PM ET

Accepted

Jan 6, 7:55 PM ET

Size

9.3 KB

Accession

0001104659-23-001943

Insider Transaction Report

Form 4
Period: 2020-11-13
KINDER JOSEPH
SVP, Chief Merchant Officer
Transactions
  • Sale

    Common Stock

    2020-11-13$8.05/sh500$4,024600 total(indirect: By Spouse)
Holdings
  • Stock Option (Right to Buy)

    Exercise: $8.50Exp: 2027-11-06Common Stock (26,900 underlying)
    26,900
  • Common Stock

    88,908
  • Stock Option (Right to Buy)

    Exercise: $8.80Exp: 2028-07-20Common Stock (50,000 underlying)
    50,000
Footnotes (3)
  • [F1]Includes (i) 28,494 shares of restricted stock for which the risks of forfeiture will lapse as to 14,247 shares on each of 3/16/23 and 3/16/24; (ii) 5,073 shares of restricted stock for which the risks of forfeiture will lapse as to 2,533 shares on 3/15/23 and 2,540 shares on 3/15/24; (iii) 7,706 shares of restricted stock for which the risks of forfeiture will lapse in three equal annual installments on each of 3/7/23, 3/7/24 and 3/7/25; and
  • [F2](iv) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Kinder remaining in continuous employment with the Issuer prior to and as of December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year: (A) 10,649 shares of performance-based restricted stock for which the risks of forfeiture will lapse as to 4,564 and 6,085 shares on each of the dates that the Issuer files its annual report for the years ending December 31, 2022 and 2023, respectively, and (B) 15,411 shares of performance-based restricted stock for which the risks of forfeiture will lapse as to 30%, 30% and 40% of the shares on each of the dates that the Issuer files its annual report for the years ending December 31, 2022, 2023 and 2024, respectively. The Issuer's proxy statement contains additional information regarding the applicable performance targets.
  • [F3]Fully exercisable.

Issuer

TILE SHOP HOLDINGS, INC.

CIK 0001552800

Entity typeother

Related Parties

1
  • filerCIK 0001555217

Filing Metadata

Form type
4
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 7:55 PM ET
Size
9.3 KB