SEC Form 4 · accession 0001179110-15-005490
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 25, 2015
Accepted (ET)
Mar 27, 2015 · 4:17 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 StockF3,F4 | Mar 25, 2015 | A | 10,869 | $0.00 | A | 41,240 | 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 25, 2015, the reporting person was granted 10,869 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 3,623, 3,623 and 3,623 on March 25, 2016, March 25, 2017 and March 25, 2018 respectively.
- F4This number includes restricted stock awards.