4//SEC Filing
Lolmaugh Cabell 4
Accession 0001104659-23-029141
CIK 0001552800other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:24 PM ET
Size
10.0 KB
Accession
0001104659-23-029141
Insider Transaction Report
Form 4
Lolmaugh Cabell
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2023-03-02−18,375→ 186,752 total
Holdings
- 26,900
Stock Option (Right to Buy)
Exercise: $8.50Exp: 2027-11-06→ Common Stock (26,900 underlying) - 56,000
Stock Option (Right to Buy)
Exercise: $5.55Exp: 2028-02-22→ Common Stock (56,000 underlying) - 97,067
Stock Option (Right to Buy)
Exercise: $6.26Exp: 2029-02-20→ Common Stock (97,067 underlying)
Footnotes (4)
- [F1]Represents forfeiture of unvested performance-based restricted stock granted in 2021 and 2022 as a result of the applicable performance targets not being achieved.
- [F2]Includes (i) 56,988 shares of restricted stock for which the risks of forfeiture will lapse as to 28,494 shares on each of 3/16/23 and 3/16/24; (ii) 10,147 shares of restricted stock for which the risks of forfeiture will lapse as to 5,066 shares on 3/15/23 and 5,081 shares on 3/15/24; (iii) 15,411 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
- [F3](iv) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Lolmaugh 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) 12,171 shares of performance-based restricted stock for which the risks of forfeiture will lapse on the date that the Issuer files its annual report for the year ending December 31, 2023 and (B) 21,576 shares of performance-based restricted stock for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates that the Issuer files its annual report for the years ending December 31, 2023 and 2024, respectively. The Issuer's proxy statement contains additional information regarding the applicable performance targets.
- [F4]Fully exercisable.
Documents
Issuer
TILE SHOP HOLDINGS, INC.
CIK 0001552800
Entity typeother
Related Parties
1- filerCIK 0001731797
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 6:24 PM ET
- Size
- 10.0 KB