Endrizzi Rachel 4
4 · CHRISTOPHER & BANKS CORP · Filed Jun 22, 2020
Insider Transaction Report
Form 4
Endrizzi Rachel
Senior VP, Chief Mktg Officer
Transactions
- Tax Payment
Common Stock
2020-06-19$0.23/sh−8,795$1,979→ 66,205 total
Holdings
- 75,000
Employee Stock Option (Right to Buy)
Exercise: $0.14Exp: 2029-06-19→ Common Stock (75,000 underlying) - 90,000
Restricted Stock Units
→ Common Stock (90,000 underlying)
Footnotes (5)
- [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]On June 19, 2019, the reporting person was granted an option to purchase 75,000 shares of the Company's Common Stock. The option vests in three annual installments of 25,000 shares on each of June 19, 2020, June 19, 2021 and June 19, 2022.
- [F4]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock on a one-for-one basis.
- [F5]The restricted stock units vest in 3 equal installments on March 11, 2021; March 11, 2022 and March 11, 2023.