SHAKED HEZY 4
4 · TILLY'S, INC. · Filed Jun 25, 2021
Insider Transaction Report
Form 4
TILLY'S, INC.TLYS
SHAKED HEZY
DirectorCHIEF STRATEGY OFFICER10% Owner
Transactions
- Sale
Class A Common Stock
2021-06-23$16.50/sh−41,750$688,975→ 60,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2021-06-23−23,000→ 25,000 totalExercise: $11.41Exp: 2029-03-19→ Class A Common Stock (23,000 underlying) - Exercise/Conversion
Class A Common Stock
2021-06-23+18,750→ 101,750 total - Exercise/Conversion
Class A Common Stock
2021-06-23+23,000→ 83,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2021-06-23−18,750→ 56,250 totalExercise: $4.13Exp: 2030-03-31→ Class A Common Stock (18,750 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.27 to $16.87, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]The shares reported herein are held by The Hezy Shaked Living Trust under which the Reporting Person is trustee and beneficiary.
- [F3]The option vests in four equal annual installments on each of the four anniversaries of the grant date, subject to the Reporting Person's continued employment with or service to the Issuer through the applicable vesting date.