SEC Form 4 · accession 0000883943-16-000137
CHRISTOPHER & BANKS CORP · CBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luke Komarek
Officer — SVP, General Counsel
Period of report
Sep 1, 2016
Accepted (ET)
Sep 6, 2016 · 4:20 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 StockF2,F3 | Sep 1, 2016 | A | 11,792 | $0.00 | A | 72,665 | 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)F12 | $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 | $17.63 | holding | — | — | — | May 21, 2008 | May 21, 2017 | Common Stock | 9,500 | 9,500 | D |
| Employee Stock Option (Right to Buy)F5 | $13.31 | holding | — | — | — | Oct 30, 2008 | Oct 30, 2017 | Common Stock | 6,000 | 6,000 | D |
| Employee Stock Option (Right to Buy)F6 | $10.56 | holding | — | — | — | Apr 14, 2009 | Apr 14, 2018 | Common Stock | 7,500 | 7,500 | D |
| Employee Stock Option (Right to Buy)F7 | $4.18 | holding | — | — | — | Apr 13, 2010 | Apr 13, 2019 | Common Stock | 35,000 | 35,000 | D |
| Employee Stock Option (Right to Buy)F8 | $10.80 | holding | — | — | — | Apr 19, 2011 | Apr 19, 2020 | Common Stock | 21,200 | 21,200 | D |
| Employee Stock Option (Right to Buy)F9 | $6.28 | holding | — | — | — | Apr 18, 2012 | Apr 18, 2021 | Common Stock | 26,236 | 26,236 | D |
| Employee Stock Option (Right to Buy)F10 | $1.91 | holding | — | — | — | Mar 29, 2013 | Mar 29, 2022 | Common Stock | 35,749 | 35,749 | D |
| Employee Stock Option (Right to Buy)F11 | $6.25 | holding | — | — | — | Mar 15, 2014 | Mar 15, 2023 | Common Stock | 9,039 | 9,039 | 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 March 29, 2012, the reporting person was granted an option to purchase 35,749 shares of Common Stock. The option vests in three annual installments of 11,917 shares on March 29, 2013, 11,916 shares on March 29, 2014 and 11,916 shares on March 29, 2015.
- F11On March 15, 2013, the reporting person was granted an option to purchase 9,039 shares of the Company's Common Stock. The option vests in three annual installments of 3,013 shares on each of March 15, 2014, March 15, 2015 and March 15, 2016.
- F12On 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 May 21, 2007, the reporting person was granted an option to purchase 9,500 shares of common stock. The option vests equally in three annual installments beginning on May 21, 2008.
- F5On October 30, 2007, the reporting person was granted an option to purchase 6,000 shares of common stock. The option vests equally in three annual installments beginning on October 30, 2008.
- F6On April 14, 2008, the reporting person was granted an option to purchase 7,500 shares of Common Stock. The option vests equally in three annual installments beginning on April 14, 2009.
- F7On April 13, 2009, the reporting person was granted an option to purchase 35,000 shares of Common Stock. The option vests equally in five annual installments of 7,000 shares beginning on April 13, 2010.
- F8On April 19, 2010, the reporting person was granted an option to purchase 21,200 shares of Common Stock. The option vests in three annual installments of 7,066 shares on April 19, 2011, 7,067 shares on April 19, 2012 and 7,067 shares on April 19, 2013.
- F9On April 18, 2011, the reporting person was granted an option to purchase 26,236 shares of Common Stock. The option vests in three annual installments of 8,746 shares on April 18, 2012, 8,745 shares on April 18, 2013 and 8,745 shares on April 18, 2014.