SEC Form 4 · accession 0001181431-15-008478
CHEROKEE INC · CHKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard B Siegel
Officer — President
Period of report
Jun 17, 2015
Accepted (ET)
Jun 19, 2015 · 1:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000844161
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 17, 2015 | M | 371 | $22.70 | A | 65,973 | D | |
| Common Stock | Jun 17, 2015 | S | 371 | $26.50 | D | 65,602 | D | |
| Common Stock | Jun 17, 2015 | M | 767 | $22.70 | A | 66,369 | D | |
| Common Stock | Jun 17, 2015 | S | 767 | $26.48 | D | 65,602 | D | |
| Common Stock | Jun 17, 2015 | M | 100 | $22.70 | A | 65,702 | D | |
| Common Stock | Jun 17, 2015 | S | 100 | $26.47 | D | 65,602 | D | |
| Common Stock | Jun 17, 2015 | M | 932 | $22.70 | A | 66,534 | D | |
| Common Stock | Jun 17, 2015 | S | 932 | $26.46 | D | 65,602 | D | |
| Common Stock | Jun 17, 2015 | M | 7,830 | $22.70 | A | 73,432 | D | |
| Common Stock | Jun 17, 2015 | S | 7,830 | $26.45 | D | 65,602 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Option (right to buy)F3 | $22.70 | Jun 17, 2015 | M | 371 | D | — | Aug 21, 2015 | Common Stock | 371 | 9,629 | D |
| Common Stock Option (right to buy)F3 | $22.70 | Jun 17, 2015 | M | 767 | D | — | Aug 21, 2015 | Common Stock | 767 | 8,862 | D |
| Common Stock Option (right to buy)F3 | $22.70 | Jun 17, 2015 | M | 100 | D | — | Aug 21, 2015 | Common Stock | 100 | 8,762 | D |
| Common Stock Option (right to buy)F3 | $22.70 | Jun 17, 2015 | M | 932 | D | — | Aug 21, 2015 | Common Stock | 932 | 7,830 | D |
| Common Stock Option (right to buy)F3 | $22.70 | Jun 17, 2015 | M | 7,830 | D | — | Aug 21, 2015 | Common Stock | 7,830 | 0 | D |
| Common Stock Option (right to buy) | $18.30 | holding | — | — | — | Aug 26, 2011 | Aug 26, 2017 | common stock | 16,666 | 16,666 | D |
| Common Stock Option (right to buy) | $18.30 | holding | — | — | — | Aug 26, 2012 | Aug 26, 2017 | common stock | 16,667 | 33,333 | D |
| Common Stock Option (right to buy) | $18.30 | holding | — | — | — | Aug 26, 2013 | Aug 26, 2017 | common stock | 16,667 | 50,000 | D |
| Common Stock Option (right to buy) | $17.21 | holding | — | — | — | Mar 23, 2012 | Mar 23, 2018 | Common Stock | 20,000 | 20,000 | D |
| Common Stock Option (right to buy) | $17.21 | holding | — | — | — | Mar 23, 2013 | Mar 23, 2018 | Common Stock | 20,000 | 40,000 | D |
| Common Stock Option (right to buy) | $17.21 | holding | — | — | — | Mar 23, 2014 | Mar 23, 2018 | Common Stock | 20,000 | 60,000 | D |
| Common Stock Option (right to buy) | $17.21 | holding | — | — | — | Mar 23, 2015 | Mar 23, 2018 | Common Stock | 20,000 | 80,000 | D |
| Common Stock Option (right to buy) | $17.21 | holding | — | — | — | Mar 23, 2016 | Mar 23, 2018 | Common Stock | 20,000 | 100,000 | D |
| Common Stock Option (right to buy) | $13.06 | holding | — | — | — | Jun 18, 2013 | Jun 18, 2019 | Common Stock | 20,000 | 20,000 | D |
| Common Stock Option (right to buy) | $13.06 | holding | — | — | — | Jun 18, 2014 | Jun 18, 2019 | Common Stock | 20,000 | 40,000 | D |
| Common Stock Option (right to buy) | $13.06 | holding | — | — | — | Jun 18, 2015 | Jun 18, 2019 | Common Stock | 20,000 | 60,000 | D |
| Performance Stock UnitF1 | — | holding | — | — | — | — | Jan 30, 2016 | Common Stock | 5,667 | 5,667 | D |
| Common Stock Option (right to buy) | $13.54 | holding | — | — | — | May 9, 2015 | May 9, 2021 | Common Stock | 10,000 | 10,000 | D |
| Common Stock Option (right to buy) | $13.54 | holding | — | — | — | May 9, 2016 | May 9, 2021 | Common Stock | 10,000 | 20,000 | D |
| Common Stock Option (right to buy) | $13.54 | holding | — | — | — | May 9, 2017 | May 9, 2021 | Common Stock | 10,000 | 30,000 | D |
| Common Stock Option (right to buy)F2 | $22.94 | holding | — | — | — | Jun 8, 2016 | Jun 8, 2022 | Common Stock | 18,333 | 18,333 | D |
| Common Stock Option (right to buy)F2 | $22.94 | holding | — | — | — | Jun 8, 2017 | Jun 8, 2022 | Common Stock | 18,333 | 36,666 | D |
| Common Stock Option (right to buy)F2 | $22.94 | holding | — | — | — | Jun 8, 2018 | Jun 8, 2022 | Common Stock | 18,334 | 55,000 | D |
Explanation of responses
- F1See previous Form 4.
- F2Represents an award of a single stock option approved on June 8, 2015.
- F3The options vested in full on 8/21/2011
Remarks
On June 17, 2015 Mr. Siegel exercised stock options in a total aggregate amount of 10,000 shares of Cherokee common stock at an exercise price of $22.70.