Filing Details

Accession Number:
0001209191-14-067345
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-07 16:56:15
Reporting Period:
2014-11-05
Filing Date:
2014-11-07
Accepted Time:
2014-11-07 16:56:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
878726 Tuesday Morning Corp TUES Retail-Variety Stores (5331) 752398532
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1349005 R Steven Becker 500 Crescent Court, Suite 230
Dallas TX 75201
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 Disposition 2014-11-05 47,671 $21.12 32,878 No 4 S Indirect See Footnotes
Common Stock Disposition 2014-11-05 6,617 $21.12 4,563 No 4 S Indirect See Footnotes
Common Stock Disposition 2014-11-05 27,920 $21.12 19,258 No 4 S Indirect See Footnotes
Common Stock Disposition 2014-11-06 32,878 $21.10 0 No 4 S Indirect See Footnotes
Common Stock Disposition 2014-11-06 4,563 $21.10 0 No 4 S Indirect See Footnotes
Common Stock Disposition 2014-11-06 19,258 $21.10 0 No 4 S Indirect See Footnotes
Common Stock Disposition 2014-11-06 17,186 $21.27 5,054 No 4 S Direct
Common Stock Acquisiton 2014-11-06 10,000 $4.22 15,054 No 4 M Direct
Common Stock Disposition 2014-11-06 10,000 $20.93 5,054 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnotes
No 4 S Indirect See Footnotes
No 4 S Indirect See Footnotes
No 4 S Indirect See Footnotes
No 4 S Indirect See Footnotes
No 4 S Indirect See Footnotes
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2014-11-06 10,000 $0.00 10,000 $4.22
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,000 2022-07-01 No 4 M Direct
Footnotes
  1. This statement is filed by and on behalf of Steven R. Becker. Becker Drapkin Partners (QP), L.P. ("QP Fund"), Becker Drapkin Partners, L.P. ("LP Fund"), BD Partners V, L.P. ("BD Partners V") and Mr. Becker are the direct beneficial owners of the securities covered by this report.
  2. Becker Drapkin Management, L.P. ("BD Management") is the general partner of each of QP Fund, LP Fund and BD Partners V. BD Management may be deemed to beneficially own securities owned by QP Fund, LP Fund and BD Partners V. BC Advisors, LLC ("BC Advisors") is the general partner of BD Management and may be deemed to beneficially own securities owned by BD Management. Mr. Becker is a co-managing member of BC Advisors and may be deemed to beneficially own securities owned by BC Advisors.
  3. Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act"), or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
  4. Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer.
  5. Represents shares directly beneficially owned by QP Fund.
  6. Represents shares directly beneficially owned by LP Fund.
  7. Represents shares directly beneficially owned by BD Partners V.
  8. Includes 5,054 shares which vest on November 12, 2014, immediately prior to the issuer's next annual meeting of stockholders, subject to the terms of the issuer's 2008 Long-Term Equity Incentive Plan and the applicable award agreement.
  9. The option, representing a right to purchase a total of 20,000 shares, became exercisable in four equal annual installments beginning on July 1, 2013.