X0306 4 2012-07-01 0 0000878726 TUESDAY MORNING CORP/DE TUES 0001349005 Becker Steven R 500 CRESCENT COURT SUITE 230 DALLAS TX 75201 1 0 0 0 Common Stock 2012-07-01 4 A 0 8886 0.00 A 8886 D Common Stock 2379632 I See Footnotes Non-Qualified Stock Option (Right to Buy) 4.22 2012-07-01 4 A 0 20000 0 A 2022-07-01 Common Stock 20000 20000 D The 8,886 shares represents shares of restricted stock, all of which vest on November 5, 2012. Restricted Shares granted pursuant to the Tuesday Morning Corporation 2004 Long-Term Equity Incentive Plan. Represents shares of common stock ("Common Stock"), par value $0.01 per share, of Tuesday Morning Corporation directly beneficially owned by Becker Drapkin Partners (QP), L.P. ("Becker Drapkin QP") (1,379,894 shares), Becker Drapkin Partners, L.P. ("Becker Drapkin, L.P.") (191,517 shares) and BD Partners V, L.P. ("BD Partners V") (808,221 shares). (continued in Footnote 4). Mr. Becker may be deemed to beneficially own such Common Stock as he is a co-managing member of BC Advisors, LLC, which is the general partner of Becker Drapkin Management, L.P. ("BD Management"), of which Mr. Becker is a limited partner, and BD Management is the general partner of, and investment manager for, each of Becker Drapkin QP, Becker Drapkin, L.P. and BD Partners V. Mr. Becker disclaims beneficial ownership in such Common Stock except to the extent of his pecuniary interest therein. The option vests in four equal installments on July 1, 2013, July 1, 2014, July 1, 2015 and July 1, 2016. Granted on July 1, 2012 pursuant to the Tuesday Morning Corporation 2004 Long-Term Equity Incentive Plan. /s/ Richard J. Birns, attorney-in-fact 2012-07-03