SEC Form 4 · accession 0000883943-17-000027
CHRISTOPHER & BANKS CORP · CBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter G Michielutti
Officer — EVP, COO and CFO
Period of report
Mar 14, 2017
Accepted (ET)
Mar 16, 2017 · 4:23 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 StockF1,F2 | Mar 14, 2017 | A | 3,939 | $0.00 | A | 95,493 | 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)F3 | $1.86 | holding | — | — | — | Apr 19, 2013 | Apr 23, 2022 | Common Stock | 30,000 | 30,000 | D |
| Employee Stock Option (Right to Buy)F4 | $6.25 | holding | — | — | — | Mar 15, 2014 | Mar 15, 2023 | Common Stock | 13,755 | 13,755 | D |
| Employee Stock Option (Right to Buy)F5 | $2.12 | holding | — | — | — | Sep 1, 2017 | Sep 1, 2026 | Common Stock | 129,028 | 129,028 | D |
Explanation of responses
- F1Reflects shares received as a result of the vesting of performance-based restricted stock units meeting certain performance criteria.
- F2This number includes restricted stock awards.
- F3On April 23, 2012, the reporting person was granted an option to purchase 30,000 shares of the Company's Common Stock that becomes fully exercisable on April 19, 2013. The option is subject to accelerated vesting in the event the reporting person is terminated by the Company, other than for cause, and accelerated vesting on a pro rata basis in the event of his death or disability.
- F4On March 15, 2013, the reporting person was granted an option to purchase 13,755 shares of the Company's Common Stock. The option vests in three annual installments of 4,585 shares on each of March 15, 2014, March 15, 2015 and March 15, 2016.
- F5On September 1, 2016, the reporting person was granted an option to purchase 129,028 shares of the Company's Common Stock. The option vests in three annual installments of 43,010 shares on September 1, 2017, 43,009 shares on September 1, 2018 and 43,009 shares on September 1, 2019.