Filing Details

Accession Number:
0000914190-17-000195
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-07-25 16:55:23
Reporting Period:
2017-07-21
Filing Date:
2017-07-25
Accepted Time:
2017-07-25 16:55:23
SEC Url:
Form 4 Filing
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
1587824 Chris Homeister C/O Tile Shop Holdings, Inc.
14000 Carlson Parkway
Plymouth MN 55441
Ceo And President Yes Yes 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 2017-07-21 9,000 $13.98 76,258 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (Right to Buy) $28.94 2023-10-01 200,000 200,000 Direct
Common Stock Stock Option (Right to Buy) $13.17 2021-02-13 50,000 50,000 Direct
Common Stock Stock Option (Right to Buy) $8.73 2022-01-02 150,000 150,000 Direct
Common Stock Stock Option (Right to Buy) $18.15 2026-04-20 31,250 31,250 Direct
Common Stock Stock Option (Right to Buy) $20.35 2027-05-11 25,900 25,900 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2023-10-01 200,000 200,000 Direct
2021-02-13 50,000 50,000 Direct
2022-01-02 150,000 150,000 Direct
2026-04-20 31,250 31,250 Direct
2027-05-11 25,900 25,900 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.95 to $14.00 inclusive. The reporting person undertakes to provide Tile Shop Holdings, Inc., any security holder of Tile Shop Holdings, Inc. or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  2. Includes (i) 12,500 shares of restricted stock granted pursuant to the 2012 Omnibus Award Plan for which the Company's purchase option will lapse on October 1, 2017; (ii) 13,000 shares of restricted stock granted pursuant to the 2012 Omnibus Award Plan for which the Company's purchase option will lapse in equal installments of 3,250 shares on each of April 20, 2018, April 20, 2019, April 20, 2020 and April 20, 2021; (iii) 6,100 shares of restricted stock for which the Company's purchase option will lapse in installments of 1,525 shares on each of May 11, 2018, May 11, 2019, May 11, 2020 and May 11, 2021; and (iv) 6,100 shares of performance-based restricted stock for which the Company's purchase option will lapse on May 11, 2020 based on the Company's achievement of its three-year adjusted EBITDA target.
  3. Options to purchase 50,000 shares vest on each of October 1, 2014, October 1, 2015, October 1, 2016 and October 1, 2017.
  4. Options to purchase 10,000 shares vest on each of February 13, 2015, February 13, 2016, February 13, 2017, February 13, 2018 and February 13, 2019.
  5. Options to purchase 30,000 shares vest on each of January 2, 2016, January 2, 2017, January 2, 2018, January 2, 2019 and January 2, 2020.
  6. Options to purchase 6,250 shares vest on each of April 20, 2017, April 20, 2018, April 20, 2019, April 20, 2020 and April 20, 2021.
  7. Options to purchase 6,475 shares vest on each of May 11, 2018, May 11, 2019, May 11, 2020 and May 11, 2021.