4//SEC Filing
KINDER JOSEPH 4
Accession 0001104659-24-030162
CIK 0001552800other
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 8:52 PM ET
Size
9.6 KB
Accession
0001104659-24-030162
Insider Transaction Report
Form 4
KINDER JOSEPH
SVP, Chief Merchant Officer
Transactions
- Disposition to Issuer
Common Stock
2024-02-29−16,264→ 84,133 total
Holdings
- 600(indirect: By Spouse)
Common Stock
- 26,900
Stock Option (Right to Buy)
Exercise: $8.50Exp: 2027-11-06→ Common Stock (26,900 underlying) - 50,000
Stock Option (Right to Buy)
Exercise: $8.80Exp: 2028-07-20→ Common Stock (50,000 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) 14,247 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. Kinder 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 0001555217
Filing Metadata
- Form type
- 4
- Filed
- Feb 29, 7:00 PM ET
- Accepted
- Mar 1, 8:52 PM ET
- Size
- 9.6 KB