SEC Form 4 · accession 0001209191-18-045630
CHEROKEE INC · CHKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jess M Ravich
Director
Period of report
Aug 3, 2018
Accepted (ET)
Aug 7, 2018 · 12:23 pm EDT
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 | $0.50 | Aug 3, 2018 | A | 355,000 | A | Aug 3, 2018 | Aug 3, 2025 | Common Stock | 355,000 | 355,000 | I |
Explanation of responses
- F1The warrants were issued pursuant to the terms of that certain Exchange Agreement dated as of August 3, 2018, between the Company, the Registered Holder, and the other parties thereto (the "Exchange Agreement").
- 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.