4//SEC Filing
Lolmaugh Cabell 4
Accession 0001104659-22-059463
CIK 0001552800other
Filed
May 11, 8:00 PM ET
Accepted
May 12, 4:26 PM ET
Size
12.3 KB
Accession
0001104659-22-059463
Insider Transaction Report
Form 4
Lolmaugh Cabell
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2022-05-11$4.56/sh+4,375$19,937→ 205,127 total
Holdings
- 1,613
Stock Option (Right to Buy)
Exercise: $14.19Exp: 2022-07-14→ Common Stock (1,613 underlying) - 56,000
Stock Option (Right to Buy)
Exercise: $5.55Exp: 2028-02-22→ Common Stock (56,000 underlying) - 97,067
Stock Option (Right to Buy)
Exercise: $6.26Exp: 2029-02-20→ Common Stock (97,067 underlying) - 2,750
Stock Option (Right to Buy)
Exercise: $10.00Exp: 2022-08-21→ Common Stock (2,750 underlying) - 26,900
Stock Option (Right to Buy)
Exercise: $8.50Exp: 2027-11-06→ Common Stock (26,900 underlying)
Footnotes (4)
- [F1]Includes (i) 56,988 shares of restricted stock for which the risks of forfeiture will lapse as to 28,494 shares on each of 3/16/23 and 3/16/24; (ii) 10,147 shares of restricted stock for which the risks of forfeiture will lapse as to 5,066 shares on 3/15/23 and 5,081 shares on 3/15/24; (iii) 15,411 shares of restricted stock for which the risks of forfeiture will lapse in three equal annual installments on each of 3/7/23, 3/7/24 and 3/7/25; and
- [F2](iv) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Lolmaugh remaining in continuous employment with the Issuer prior to and as of December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year: (A) 21,299 shares of performance-based restricted stock for which the risks of forfeiture will lapse as to 9,128 and 12,171 shares on each of the dates that the Issuer files its annual report for the years ending December 31, 2022 and 2023, respectively, and (B) 30,823 shares of performance-based restricted stock for which the risks of forfeiture will lapse as to 30%, 30% and 40% of the shares on each of the dates that the Issuer files its annual report for the years ending December 31, 2022, 2023 and 2024, respectively. The Issuer's proxy statement contains additional information regarding the applicable performance targets.
- [F3]Fully exercisable.
- [F4]Options to purchase 24,267 shares vest on 2/20/23.
Documents
Issuer
TILE SHOP HOLDINGS, INC.
CIK 0001552800
Entity typeother
Related Parties
1- filerCIK 0001731797
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 4:26 PM ET
- Size
- 12.3 KB