Tilly's CEO Edmond Thomas retired Jan 21; separation agreement includes $667K and equity vesting

TILLY'S, INC.

CEO Edmond Thomas retired and resigned as director effective January 21, 2024.
Separation agreement provides $667,000 in equal monthly installments over 12 months.
All outstanding equity awards vested in full upon release effective date, with extended exercisability.
Company-subsidized COBRA coverage for up to 12 months post-separation.
Three-year non-solicitation of employees and mutual non-disparagement obligations apply.

item 5.02 item 9.01

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Departed

Edmond Thomas

Other Named Officer

TLYS · TILLY'S, INC.

Filed: February 15, 2024, 6:59 PM ET

On February 15, 2024, the Company entered into an employment separation and release agreement (the “ Separation Agreement ”) with Edmond Thomas.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.7

Edmond Thomas resigned as other_named_officer at TILLY'S, INC..

Action: resigned

Exact text from the filing

On February 15, 2024, the Company entered into an employment separation and release agreement (the “ Separation Agreement ”) with Edmond Thomas.

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TILLY'S, INC. filing history →

Source: SEC EDGAR

accession 0001628280-24-005118

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