TILLY'S, INC. 4
4 · TILLY'S, INC. · Filed Mar 23, 2015
Insider Transaction Report
Form 4
TILLY'S, INC.TLYS
DEMERIT CRAIG
VICE PRESIDENT, CIO & COO
Transactions
- Exercise/Conversion
CLASS A COMMON STOCK
2015-03-20$8.98/sh+20,000$179,600→ 20,000 total - Sale
CLASS A COMMON STOCK
2015-03-20$15.90/sh−20,000$318,000→ 0 total - Award
CLASS A COMMON STOCK
2015-03-23+25,000→ 25,000 total - Exercise/Conversion
STOCK OPTION (RIGHT TO BUY)
2015-03-20−20,000→ 10,000 totalExercise: $8.98Exp: 2017-08-27→ CLASS A COMMON STOCK (20,000 underlying)
Footnotes (3)
- [F1]Exercise and sale of Class A Common Stock pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 16, 2014 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F2]The option is fully vested and is exercisable.
- [F3]Includes 25,000 shares of Class A Common Stock awarded under a restricted stock unit agreement. The shares subject to the award are scheduled to vest over a four year period, with 25% of the shares vesting one year from the grant date and 25% of the shares vesting on each succeeding anniversary until all shares have vested.