SEC Form 4 · accession 0001209191-18-003375
CHEROKEE INC · CHKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jess M Ravich
Director
Period of report
Dec 7, 2017
Accepted (ET)
Jan 12, 2018 · 2:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000844161
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants (right to buy)F1,F2 | $2.25 | Dec 7, 2017 | A | 195,556 | A | Dec 7, 2017 | Dec 7, 2024 | Common Stock | 195,556 | 195,556 | I |
Explanation of responses
- F1The warrants were issued as consideration for the reporting person's agreement to purchase junior participation interests in the issuer's outstanding credit facility.
- F2The securities were issued to the Ravich Revocable Trust of 1989. The reporting person serves as the sole trustee of such trust and may be deemed to have sole beneficial ownership over the securities held of record by such trust.