Home > Insider Trading > Filing (0000914190-13-000387)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1552800	Tile Shop Holdings Inc.	TTS	Retail-Home Furniture, Furnishings & Equipment Stores (5700)	455538095

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1555194	Iii J Peter Jacullo	C/O Tile Shop Holdings, Inc. 14000 Carlson Parkway Plymouth MN 55441		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2013-05-01	750,310	$11.50	5,504,736	No	4	X	Indirect	By JWTS, Inc.
Common Stock	Disposition	2013-05-01	411,276	$20.98	5,093,460	No	4	S	Indirect	By JWTS, Inc.
Common Stock	Acquisiton	2013-05-01	1,000	$11.50	1,100	No	4	X	Indirect	By Son
Common Stock	Disposition	2013-05-01	549	$20.98	551	No	4	S	Indirect	By Son

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	X	Indirect	By JWTS, Inc.
No	4	S	Indirect	By JWTS, Inc.
No	4	X	Indirect	By Son
No	4	S	Indirect	By Son

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Warrants (Right to Buy)	Disposition	2013-05-01	750,310	$0.00	750,310	$11.50
Common Stock	Common Stock Warrants (Right to Buy)	Disposition	2013-05-01	1,000	$0.00	1,000	$11.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2012-09-20	2017-08-21	No	4	X	Indirect
0	2012-09-20	2017-08-21	No	4	X	Indirect

Footnotes

These securities are owned by JWTS, Inc. ("JWTS"). The reporting person is the sole director of JWTS. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
On May 1, 2013, JWTS exercised a warrant to purchase 750,310 shares of Issuer common stock for $11.50 a share. JWTS paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 411,276 of the warrant shares to pay the exercise price and issuing to JWTS the remaining 339,034 shares.
These securities are owned by the reporting person's son. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
On May 1, 2013, the reporting person's son exercised a warrant to purchase 1,000 shares of Issuer common stock for $11.50 a share. The reporting person's son paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 549 of the warrant shares to pay the exercise price and issuing to the reporting person's son the remaining 451 shares.