SEC Form 4 · accession 0001144204-16-104910
Childrens Place, Inc. · PLCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph A Alutto
Director
Period of report
May 23, 2016
Accepted (ET)
May 25, 2016 · 7:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001041859
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.10 per share | May 23, 2016 | M | 15,000 | $29.05 | A | 46,165 | D | |
| Common Stock, par value $0.10 per shareF1 | May 23, 2016 | S | 13,699 | $73.97 | D | 32,466 | D | |
| Common Stock, par value $0.10 per shareF2 | May 23, 2016 | S | 1,301 | $74.58 | D | 31,165 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $29.05 | May 23, 2016 | M | 15,000 | D | — | May 8, 2018 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.53 to $74.50, inclusive. The reporting person undertakes to provide to The Children's Place, Inc. (the "Company"), any security holder of the Company, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.56 to $74.62, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, 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.
- F3Grant vested in three equal installments annually beginning on May 9, 2009.