TILE SHOP HOLDINGS, INC. 4
4 · TILE SHOP HOLDINGS, INC. · Filed Feb 18, 2014
Insider Transaction Report
Form 4
CLAYTON TIMOTHY C
Senior VP, CFO
Transactions
- Award
Stock Option (Right to Buy)
2014-02-13+55,000→ 55,000 totalExercise: $13.17Exp: 2021-02-13→ Common Stock (55,000 underlying)
Holdings
- 220,000
Stock Option (Right to Buy)
Exercise: $10.00Exp: 2022-08-21→ Common Stock (220,000 underlying)
Footnotes (2)
- [F1]This option becomes exercisable as to two-thirds of the underlying shares of common stock in 4 equal annual installments beginning on August 21, 2013. This option becomes exercisable as to one-third of the underlying shares of common stock in 4 equal annual installments beginning on August 21, 2013 provided that the issuer that meets or exceeds certain annual stock price increase targets.
- [F2]This option vests in three equal installments beginning on February 13, 2015.