Accession Number: | 0001104659-22-059463 |
Date: | 2022-05-11 |
Issuer: | TILE SHOP HOLDINGS, INC. (TTSH) |
Original Submission Date: |
LOLMAUGH CABELL
C/O TILE SHOP HOLDINGS, INC.
14000 CARLSON PARKWAY
PLYMOUTH, MN 55441
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2022-05-11 | P | 4,375 | a | $4.56 | 205,127 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
STOCK OPTION (RIGHT TO BUY) | 10.0 | deemed execution date | 0 ( ) | 2022-08-21 | common stock 2,750 | $10.00 | 2,750 | direct | ||||
STOCK OPTION (RIGHT TO BUY) | 14.19 | deemed execution date | 0 ( ) | 2022-07-14 | common stock 1,613 | $14.19 | 1,613 | direct | ||||
STOCK OPTION (RIGHT TO BUY) | 8.5 | deemed execution date | 0 ( ) | 2027-11-06 | common stock 26,900 | $8.50 | 26,900 | direct | ||||
STOCK OPTION (RIGHT TO BUY) | 5.55 | deemed execution date | 0 ( ) | 2028-02-22 | common stock 56,000 | $5.55 | 56,000 | direct | ||||
STOCK OPTION (RIGHT TO BUY) | 6.26 | deemed execution date | 0 ( ) | 2029-02-20 | common stock 97,067 | $6.26 | 97,067 | direct |
ID | footnote |
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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. |