TILLY'S, INC.
35.80%
8,174,879
1524025
886885102
Jan 30, 2025
Feb 3, 2025, 05:25 PM
Reporting Persons (1)
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Fund 1 Investments, LLC | Other | 35.80% | 8,174,879 | 0 | 8,174,879 |
Disclosure Items (3)
Class A Common Stock
TILLY'S, INC.
10 WHATNEY, IRVINE, CA, 92618
Item 5(a) is hereby amended and restated as follows: See Items 7-13 of the cover page.
Item 5(b) is hereby amended and restated as follows: See Items 7-13 of the cover page.
Item 5(c) is hereby amended and restated as follows: The Reporting Persons did not effect any transactions in shares of the Company's Class A Common Stock during the sixty day period prior to this filing. The percentage calculations herein are based upon the statement in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended November 2, 2024, as filed with the Securities and Exchange Commission on December 6, 2024, that there were 22,845,799 shares of Class A Common Stock of the Issuer outstanding as of December 4, 2024.
Item 6 is hereby amended and restated as follows: Between January 15 and 31, 2025, the Reporting Person entered into certain cash-settled swap agreements with an unaffiliated third-party financial institution (the "Cash-Settled Swaps"). Collectively, such Cash-Settled Swaps held by the Reporting Person represent economic exposure to an aggregate of 260,860 notional shares of Class A Common Stock, representing approximately 1.14% of the outstanding shares of Class A Common Stock of the Issuer. Such Cash-Settled Swaps, together with Cash-Settled Swaps previously entered into by the Reporting Person, represent economic exposure to an aggregate of 1,111,349 notional shares of Class A Common Stock, representing approximately 4.86% of the outstanding shares of Class A Common Stock of the Issuer. The Cash-Settled Swaps provide the Reporting Person with economic results that are comparable to the economic results of ownership, but do not provide it with the power to vote or direct the voting, or dispose of or direct the disposition, of the shares that are subject to the Cash-Settled Swaps. Other than as described herein, there are no contracts, arrangements, understandings or relationships between the Reporting Person and any other person, with respect to the securities of the Issuer.