SEC Form 4 · accession 0001144204-18-026180
Childrens Place, Inc. · PLCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Scarpa
Officer — CHIEF OPERATING OFFICER
Period of report
May 4, 2018
Accepted (ET)
May 8, 2018 · 5:02 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 | May 4, 2018 | F | 2,281 | $122.90 | D | 54,611 | D | |
| Common Stock, par value $0.10 per shareF1 | May 4, 2018 | F | 3,059 | $122.90 | D | 51,552 | D | |
| Common Stock, par value $0.10 per shareF1 | May 4, 2018 | F | 2,469 | $122.90 | D | 49,083 | D | |
| Common Stock, par value $0.10 per shareF2 | May 4, 2018 | A | 8,137 | $0.00 | A | 57,220 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were withheld to pay tax liabilities incident to the vesting of restricted stock units on May 4, 2018.
- F2Represents shares of Common Stock, par value $0.10 per share, of The Children's Place, Inc. (the "Company"), underlying time restricted stock units granted under the Company's 2011 Equity Incentive Plan (the "Plan") on May 4, 2018, one third of which are deliverable to Mr. Scarpa on each of the first, second and third anniversaries of the date of grant provided Mr. Scarpa is employed by the Company on the respective vesting dates, subject to the terms and conditions of the Plan.