Jones Keri L 4
4 · CHRISTOPHER & BANKS CORP · Filed Feb 14, 2020
Insider Transaction Report
Form 4
Jones Keri L
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
2020-02-12$0.57/sh−2,493$1,433→ 390,947 total
Holdings
- 500,000
Employee Stock Option (Right to Buy)
Exercise: $1.03Exp: 2028-03-12→ Common Stock (500,000 underlying) - 548,544
Employee Stock Option (Right to Buy)
Exercise: $1.03From: 2019-03-12Exp: 2028-03-12→ Common Stock (548,544 underlying)
Footnotes (4)
- [F1]Represents a transaction involving a disposition to the Company of equity securities upon the vesting of restricted stock whereby the reporting person used a portion of the shares that vested to satisfy the resulting tax withholding obligations.
- [F2]This number includes restricted stock awards.
- [F3]The reporting person was granted an option that will vest and becomes exercisable approximately 1/36th each month, if the reporting person remains employed as of such vesting date. The option is subject to accelerated vesting in the event of a change in control.
- [F4]On March 12, 2018, the reporting person was granted an option to purchase 548,544 shares of the Company's Common Stock. The option vests in three annual installments of 182,848 shares on each of March 12, 2019, March 12, 2020 and March 12, 2021.