SEC Info - Davis Mark Burton - ‘4’ for 10/23/22 re: Tile Shop Holdings, Inc.

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<issuerName> TILE SHOP HOLDINGS, INC. </issuerName>

</issuer>

<rptOwnerName> Davis Mark Burton </rptOwnerName>

</reportingOwnerId>

<rptOwnerStreet1> C/O TILE SHOP HOLDINGS, INC </rptOwnerStreet1>

<rptOwnerStreet2> 14000 CARLSON PARKWAY </rptOwnerStreet2>

<rptOwnerCity> PLYMOUTH </rptOwnerCity>

</reportingOwnerAddress>

<officerTitle> VP Inv. Relations & CAO </officerTitle>

</reportingOwnerRelationship>

</reportingOwner>

<value> Common Stock </value>

</securityTitle>

</transactionDate>

</transactionCoding>

</transactionShares>

</transactionPricePerShare>

</transactionAcquiredDisposedCode>

</transactionAmounts>

</sharesOwnedFollowingTransaction>

</postTransactionAmounts>

</directOrIndirectOwnership>

</ownershipNature>

</nonDerivativeTransaction>

<value> Common Stock </value>

</securityTitle>

</sharesOwnedFollowingTransaction>

</postTransactionAmounts>

</directOrIndirectOwnership>

<value> By Child #1 </value>

</natureOfOwnership>

</ownershipNature>

</nonDerivativeHolding>

<value> Common Stock </value>

</securityTitle>

</sharesOwnedFollowingTransaction>

</postTransactionAmounts>

</directOrIndirectOwnership>

<value> By Child #2 </value>

</natureOfOwnership>

</ownershipNature>

</nonDerivativeHolding>

<value> Common Stock </value>

</securityTitle>

</sharesOwnedFollowingTransaction>

</postTransactionAmounts>

</directOrIndirectOwnership>

<value> By Child #3 </value>

</natureOfOwnership>

</ownershipNature>

</nonDerivativeHolding>

</nonDerivativeTable>

<value> Stock Option (Right to Buy) </value>

</securityTitle>

</conversionOrExercisePrice>

</exerciseDate>

</expirationDate>

<value> Common Stock </value>

</underlyingSecurityTitle>

</underlyingSecurityShares>

</underlyingSecurity>

</sharesOwnedFollowingTransaction>

</postTransactionAmounts>

</directOrIndirectOwnership>

</ownershipNature>

</derivativeHolding>

</derivativeTable>

<footnote id="F1"> 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. </footnote>

<footnote id="F2"> Includes (i) 1,598 shares of restricted stock for which the risk of forfeiture will lapse on 2/20/23; (ii) 14,368 shares of restricted stock for which the risk of forfeiture will lapse on 10/23/23; (iii) 7,123 shares of restricted stock for which the risks of forfeiture will lapse as to 3,562 shares on 3/16/23 and 3,561 shares on 3/16/24; (iv) 5,073 shares of restricted stock for which the risks of forfeiture will lapse as to 2,533 shares on 3/15/23 and 2,540 shares on 3/15/24; (v) 7,706 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 </footnote>

<footnote id="F3"> (vi) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Davis 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) 10,649 shares of performance-based restricted stock for which the risks of forfeiture will lapse as to 4,564 and 6,085 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) 15,411 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. </footnote>

<footnote id="F4"> Fully exercisable. </footnote>

</footnotes>

<signatureName> /s/ Mark B. Davis </signatureName>

</ownerSignature>

</ownershipDocument>

Davis Mark Burton – ‘4’ for 10/23/22 re: Tile Shop Holdings, Inc.

On: Tuesday, 10/25/22, at 6:24pm ET · For: 10/23/22 · As: Officer · Accession #: 1104659-22-111253 · File #: 1-35629

Previous ‘4’: ‘4’ on 3/17/22 for 3/15/22 · Next: ‘4’ on 2/22/23 for 2/20/23 · Latest: ‘4’ on 3/19/24 for 3/15/24

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34

Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Davis Mark Burton – ‘4’ for 10/23/22 re: Tile Shop Holdings, Inc.

On: Tuesday, 10/25/22, at 6:24pm ET · For: 10/23/22 · As: Officer · Accession #: 1104659-22-111253 · File #: 1-35629

Previous ‘4’: ‘4’ on 3/17/22 for 3/15/22 · Next: ‘4’ on 2/22/23 for 2/20/23 · Latest: ‘4’ on 3/19/24 for 3/15/24

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34

Filing Table of Contents