SEC Form 4 · accession 0001179110-15-004949
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 15, 2015
Accepted (ET)
Mar 16, 2015 · 4:46 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 StockF4 | Mar 15, 2015 | F | 953 | $0.00 | D | 30,371 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF1 | $1.86 | holding | — | — | — | Apr 19, 2013 | Apr 23, 2022 | Common Stock | 30,000 | 30,000 | D |
| Common StockF2 | $6.25 | holding | — | — | — | Mar 15, 2014 | Mar 15, 2023 | Common Stock | 13,755 | 13,755 | D |
Explanation of responses
- F1On 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.
- F2On March 15, 2013, the reporting person was granted an option to exercise 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.
- F3On March 15, 2015, shares of restricted stock vested for the reporting person. The reporting person used a portion of the shares that vested to satisfy the payroll tax liability as a result of the vesting of the shares.
- F4This number includes restricted stock awards.