SEC Form 4 · accession 0000883943-16-000134

CHRISTOPHER & BANKS CORP · CBK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Monica L Dahl

Officer — SVP, CMO, Omni-Channel & PR

Period of report

Sep 1, 2016

Accepted (ET)

Sep 6, 2016 · 4:19 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000883943

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F2,F3	Sep 1, 2016	A	11,792	$0.00	A	56,945	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (Right to Buy)^F10	$2.12	Sep 1, 2016	A	86,019	A	Sep 1, 2017	Sep 1, 2026	Common Stock	86,019	86,019	D
Employee Stock Option (Right to Buy)^F4	$17.98	holding	—	—	—	Apr 18, 2008	Apr 18, 2017	Common Stock	12,600	12,600	D
Employee Stock Option (Right to Buy)^F5	$10.56	holding	—	—	—	Apr 14, 2009	Apr 14, 2018	Common Stock	15,000	15,000	D
Employee Stock Option (Right to Buy)^F6	$10.80	holding	—	—	—	Apr 19, 2011	Apr 19, 2020	Common Stock	20,200	20,200	D
Employee Stock Option (Right to Buy)^F7	$6.28	holding	—	—	—	Apr 18, 2012	Apr 18, 2021	Common Stock	31,483	31,483	D
Employee Stock Option (Right to Buy)^F8	$1.91	holding	—	—	—	Mar 29, 2013	Mar 29, 2022	Common Stock	36,995	36,995	D
Employee Stock Option (Right to Buy)^F9	$6.25	holding	—	—	—	Mar 15, 2014	Mar 15, 2023	Common Stock	9,301	9,301	D

Explanation of responses

F1For purposes of setting the exercise price of the non-qualified stock option ("NQSO") award and for calculating both the time-based restricted stock and NQSO awards granted on September 1, 2016, the Company used a price of $2.12 per share which represents the highest closing price on the NYSE during the 30 trading days preceding the date of grant.
F10On September 1, 2016, the reporting person was granted an option to purchase 86,019 shares of the Company's Common Stock. The option vests in three annual installments of 28,673 shares on each of September 1, 2017, September 1, 2018 and September 1, 2019.
F2The reporting person was granted 11,792 shares of Common Stock pursuant to a Restricted Stock Agreement. The shares are subject to forfeiture and are scheduled to vest in three annual installments of 3,931, 3,931 and 3,930 shares on September 1, 2017, September 1, 2018 and September 1, 2019 respectively.
F3This number includes restricted stock awards.
F4On April 18, 2007, the reporting person was granted an option to purchase 12,600 shares of Common Stock. The option vests equally in three annual installments beginning on April 18, 2008.
F5On April 14, 2008, the reporting person was granted an option to purchase 15,000 shares of Common Stock. The option vests equally in three annual installments beginning on April 14, 2009.
F6On April 19, 2010, the reporting person was granted an option to purchase 20,200 shares of Common Stock. The option vests in three annual installments of 6,733 shares on April 19, 2011, 6,733 shares on April 19, 2012 and 6,734 shares on April 19, 2013.
F7On April 18, 2011, the reporting person was granted an option to purchase 31,483 shares of Common Stock. The option vests in three annual installments of 10,495 shares on April 18, 2012, 10,494 shares on April 18, 2013 and 10,494 shares on April 18, 2014.
F8On March 29, 2012, the reporting person was granted an option to purchase 36,995 shares of Common Stock. The option vests in three annual installments of 12,331 shares on March 29, 2013, 12,332 shares on March 29, 2014 and 12,332 shares on March 29, 2015.
F9On March 15, 2013, the reporting person was granted an option to purchase 9,301 shares of the Company's Common Stock. The option vests in three annual installments of 3,101 shares on March 15, 2014, 3,100 shares on March 15, 2015 and 3,100 shares on March 15, 2016.