Tilly’s raises annual equity award share cap to 2.5 million

Reuters
Yesterday
<a href="https://laohu8.com/S/TLYS">Tilly’s</a> raises annual equity award share cap to 2.5 million

Tilly’s Inc. approved an amendment to its Third Amended and Restated 2012 Equity and Incentive Award Plan, raising the maximum number of Class A shares that may be covered by awards to any one person in a calendar year to 2,500,000 shares. The company also canceled CEO Nathan Smith’s previously issued September 2025 time-based and performance-based stock options for 900,000 shares each and granted replacement options in the same amounts on identical terms, including the same exercise price, vesting conditions and dates, and expiration dates.

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