4//SEC Filing
Davis Mark Burton 4
Accession 0001104659-24-030158
CIK 0001552800other
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 8:46 PM ET
Size
7.6 KB
Accession
0001104659-24-030158
Insider Transaction Report
Form 4
Davis Mark Burton
Senior VP, CFO and Secretary
Transactions
- Disposition to Issuer
Common Stock
2024-02-29−16,264→ 95,846 total
Holdings
- 5,400
Stock Option (Right to Buy)
Exercise: $8.50Exp: 2027-11-06→ Common Stock (5,400 underlying)
Footnotes (4)
- [F1]Represents forfeiture of unvested performance-based restricted stock granted in 2021, 2022 and 2023 as a result of the applicable performance targets not being achieved.
- [F2]Includes (i) 3,561 shares of restricted stock for which the risks of forfeiture will lapse on 3/16/24; (ii) 2,540 shares of restricted stock for which the risks of forfeiture will lapse on 3/15/24; (iii) 5,137 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/7/24 and 3/7/25; (iv) 9,260 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/6/24, 3/6/25 and 3/6/26; and
- [F3](v) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Davis remaining in continuous employment with the Issuer through December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year: (A) 6,165 shares for which the risks of forfeiture will lapse on the date the Issuer files its annual report for the 2024 fiscal year; and (B) 12,963 shares 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 the Issuer files its annual report for the 2024 and 2025 fiscal years, 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 0001787766
Filing Metadata
- Form type
- 4
- Filed
- Feb 29, 7:00 PM ET
- Accepted
- Mar 1, 8:46 PM ET
- Size
- 7.6 KB