| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Davis Mark Burton | Senior VP, CFO and Secretary | C/O TILE SHOP HOLDINGS, INC., 14000 CARLSON PARKWAY, PLYMOUTH | /s/ Mark B. Davis | 2025-05-14 | 0001787766 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TTSH | Common Stock | Disposed to Issuer | $0 | -1.48K | -1.14% | $0.00 | 128K | May 13, 2025 | Direct | F1 |
| transaction | TTSH | Common Stock | Tax liability | -$1.85K | -296 | -0.23% | $6.26 | 128K | May 13, 2025 | Direct | F2, F3, F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | TTSH | Stock Option (Right to Buy) | 5.4K | May 13, 2025 | Common Stock | 5.4K | $8.50 | Direct | F5 |
| Id | Content |
|---|---|
| F1 | Represents forfeiture of unvested performance-based restricted stock granted in 2024 as a result of the applicable performance targets not being achieved. |
| F2 | The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Issuer to withhold shares otherwise issuable upon vesting of the previously reported grant. |
| F3 | Includes (i) 3,086 shares of restricted stock for which the risks of forfeiture will lapse on 3/6/26; (ii) 5,041 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/4/26 and 3/4/27; (iii) 1,642 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 5/13/26 and 5/13/27; (iv) 9,028 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/3/26, 3/3/27 and 3/3/28; and (v) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Davis remaining in continuous employment with the Issuer through December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year: |
| F4 | (cont.) (A) 7,407 shares for which the risks of forfeiture will lapse on the date the Issuer files its annual report for the 2025 fiscal year; (B) 10,587 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer files its annual report for the 2025 and 2026 fiscal years, respectively; (C) 3,450 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer files its annual report for the 2025 and 2026 fiscal years, respectively; and (D) 18,055 shares for which the risks of forfeiture will lapse as to 30%, 30% and 40% on each of the dates the Issuer files its annual report for the 2025, 2026 and 2027 fiscal years, respectively. The Issuer's proxy statement contains additional information regarding the applicable performance targets. |
| F5 | Fully exercisable. |