SEC Form 4 · accession 0001144204-17-016874
Childrens Place, Inc. · PLCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley P Cost
Officer — See Remarks
Period of report
Mar 23, 2017
Accepted (ET)
Mar 27, 2017 · 5:33 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 shareF1 | Mar 23, 2017 | A | 22,500 | $0.00 | A | 40,149 | D | |
| Common Stock, par value $0.10 per shareF2,F3 | Mar 24, 2017 | S | 7,304 | $118.48 | D | 32,845 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of Common Stock, par value $0.10 per share, of The Children's Place, Inc. (the "Company"), underlying a performance stock award granted under the Company's 2011 Equity Incentive Plan (the "Plan") on May 5, 2014. Such shares vest and are deliverable on or within 10 days following May 5, 2017, provided Mr. Cost is employed by the Company on such date, as further subject to the terms and conditions of the Plan.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 23, 2016.
- F3The price reported in Column 4 is a weighted average price. These share were sold in multiple transactions at prices ranging from $118.05 to $119, inclusive. The reporting persons 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 prie within the reanges set forth in this footnote.
Remarks
Senior VP, Gen Counsel and Secretary