X0306 4 2016-12-05 0 0001524025 TILLY'S, INC. TLYS 0001548701 ANKER-MORRIS DEBBIE C/O TILLY'S, INC. 10 WHATNEY IRVINE CA 92618 0 1 0 0 Chief Merchandising Officer CLASS A COMMON STOCK 2016-12-05 4 M 0 35423 8.98 A 60423 D CLASS A COMMON STOCK 2016-12-05 4 S 0 20396 13.7724 D 40027 D CLASS A COMMON STOCK 2016-12-05 4 S 0 15027 14.3886 D 25000 D CLASS A COMMON STOCK 2016-12-06 4 M 0 24577 8.98 A 49577 D CLASS A COMMON STOCK 2016-12-06 4 S 0 24577 13.75 D 25000 D CLASS A COMMON STOCK 2016-12-06 4 M 0 5000 6.45 A 30000 D CLASS A COMMON STOCK 2016-12-06 4 S 0 5000 14.4717 D 25000 D STOCK OPTION (RIGHT TO BUY) 8.98 2016-12-05 4 M 0 35423 0.00 D 2017-08-27 CLASS A COMMON STOCK 35423 24577 D STOCK OPTION (RIGHT TO BUY) 8.98 2016-12-06 4 M 0 24577 0.00 D 2017-08-27 CLASS A COMMON STOCK 24577 0 D STOCK OPTION (RIGHT TO BUY) 6.45 2016-12-06 4 M 0 5000 0.00 D 2019-04-20 CLASS A COMMON STOCK 5000 0 D The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $13.26 to $14.25, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, 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. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $14.26 to $14.53, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, 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. Includes 25,000 shares of Class A Common Stock awarded under a restricted stock unit agreement. The shares subject to the award are scheduled to vest over a four year period, with 25% of the shares vesting one year from the grant date and 25% of the shares vesting on each succeeding anniversary until all shares have vested. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $13.75 to $13.76, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, 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. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $14.40 to $14.51, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, 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. The option is fully vested and is exercisable. /s/ Debbie Anker-Morris 2016-12-07