SEC Form 4 · accession 0001179110-15-005487
CHRISTOPHER & BANKS CORP · CBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lynn C Derry
Officer — SVP, GMM
Period of report
Mar 25, 2015
Accepted (ET)
Mar 27, 2015 · 4:15 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 | Mar 25, 2015 | A | 7,088 | $0.00 | A | 14,928 | 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)F1 | $8.80 | holding | — | — | — | Jul 28, 2014 | Jul 28, 2024 | Common Stock | 5,500 | 5,500 | D |
Explanation of responses
- F1On July 28, 2014, the reporting person was granted an option to exercise 5,500 shares of common stock. The option vests in two annual installments of 2,750 shares on July 28, 2015 and 2,750 shares on July 28, 2016.
- F2On March 25, 2015, the reporting person was granted 7,088 shares of Common Stock pursuant to a Restricted Stock Agreement. The shares are subject to forfeiture and are scheduled to vest in three installments of 2,363, 2,363 and 2,362 on March 25, 2016, March 25, 2017 and March 25, 2018 respectively.
- F3This number includes restricted stock awards.