LEVINE TILLY 4
4 · TILLY'S, INC. · Filed Sep 11, 2018
Insider Transaction Report
Form 4
TILLY'S, INC.TLYS
LEVINE TILLY
10% Owner
Transactions
- Sale
Class A Common Stock
2018-09-11$18.50/sh−1,343,406$24,853,011→ 0 total - Conversion
Class A Common Stock
2018-09-11+319,386→ 319,386 total(indirect: By Trust) - Conversion
Class A Common Stock
2018-09-11+319,386→ 319,386 total(indirect: By Trust) - Conversion
Class B Common Stock
2018-09-11−1,343,406→ 1,969,741 total→ Class A Common Stock (1,343,406 underlying) - Conversion
Class A Common Stock
2018-09-11+1,343,406→ 1,343,406 total - Sale
Class A Common Stock
2018-09-11$18.50/sh−319,386$5,908,641→ 0 total(indirect: By Trust) - Sale
Class A Common Stock
2018-09-11$18.50/sh−319,386$5,908,641→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
2018-09-11−319,386→ 0 total(indirect: By Trust)→ Class A Common Stock (319,386 underlying) - Conversion
Class B Common Stock
2018-09-11−319,386→ 0 total(indirect: By Trust)→ Class A Common Stock (319,386 underlying)
Footnotes (6)
- [F1]The shares reported herein are held in The Tilly Levine Separate Property Trust under which the Reporting Person is trustee and beneficiary. The Reporting Person is a party to a voting trust agreement with Hezy Shaked, an officer and director of the Issuer, granting Mr. Shaked, as trustee under such agreement, the right to vote the shares of Class A Common Stock and Class B Common Stock held by the Reporting Person.
- [F2]The sales reported in this Form 4 were effected in a public underwritten secondary offering (the "Offering") pursuant to a Registration Statement on Form S-3 (File. No. 333-226209).
- [F3]The price reported in column 4 reflects the public offering price of $18.50 per share pursuant to the terms of the Offering, and excludes underwriting commissions and discounts.
- [F4]Represents shares of Class A Common Stock held by trusts of which the Reporting Person is trustee and an immediate family member is the beneficiary. The Reporting Person disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein, if any.
- [F5]Class B Common Stock has no expiration date and, subject to certain events, is automatically convertible on a one-for-one basis into shares of Class A Common Stock.
- [F6]Represents shares of Class B Common Stock held by trusts of which the Reporting Person is trustee and an immediate family member is the beneficiary. The Reporting Person disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein, if any.