SEC Form 4 · accession 0001179110-15-011544
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
Jul 28, 2015
Accepted (ET)
Jul 29, 2015 · 5:18 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 | Jul 28, 2015 | F | 478 | $0.00 | D | 14,450 | 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 July 28, 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.
- F3This number includes restricted stock awards.