BERNARD ZEICHNER - 28 Jun 2021 Form 4 Insider Report for TILLY'S, INC. (TLYS)

Role: Director
Signature: /s/ Michael L. Henry, Attorney-in-Fact for Bernard Zeichner
Issuer symbol: TLYS
Transactions as of: 28 Jun 2021
Transactions value $: -$80,443
Form type: 4
Filing time: 29 Jun 2021, 19:16:20 UTC
Previous filing: 11 Jun 2021
Next filing: 10 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TLYS	CLASS A COMMON STOCK	Sale	-$80,443	-5,000	-14%	$16.09	30,528	28 Jun 2021	By Trust	F1, F2
holding	TLYS	CLASS A COMMON STOCK						11,366	28 Jun 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.86 to $16.22, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2	Reflects the transfer of 5,148 shares that were previously reported as directly held by the Reporting Person to a family trust (the "Trust"), which were transferred in connection with the vesting of such shares pursuant to a restricted stock unit award.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.86 to $16.22, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Reflects the transfer of 5,148 shares that were previously reported as directly held by the Reporting Person to a family trust (the "Trust"), which were transferred in connection with the vesting of such shares pursuant to a restricted stock unit award.