Form 4

¨ Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities

Exchange Act of 1934, Section 17(a) of the Public Utility

Holding Company Act of 1935 or Section 30(f) of the

Investment Company Act of 1940

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1. Name and Address of Reporting Person* Pence E. Ann	2. Issuer Name and Ticker or Trading Symbol Coldwater Creek Inc. (CWTR)		6. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below) Vice Chairman of the Board

(Last) (First) (Middle)	3. IRS or Identification Number of Reporting Person, if an entity (Voluntary)	4. Statement for Month/Year
One Coldwater Creek Drive		07/02

(Street) Sandpoint ID 83864 (City) (State) (Zip)		5. If Amendment, Date of Original (Month/Year)	7. Individual or Joint/Group Filing (check applicable line) x Form filed by One Reporting Person ¨ Form filed by More than One Reporting Person

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
(Instr. 3)

2. Transaction Date

(Month/Day/Year)

3. Transaction Code (Instr. 8)

4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)

5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)

6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)

7. Nature of Indirect
Beneficial Ownership (Instr. 4)

Code

Amount

(A) or (D)

Price

Common Stock

07/23/02

19,250

$17.7070

Common Stock

07/24/02

5,250

$17.0690

Common Stock

07/25/02

600

$17.0000

Common Stock (1)

07/25/02

500

$17.0000

Common Stock

07/26/02

17,250

$17.0689

2,731,554

FORM 4 (continued)

Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion
or Exercise
Price of Derivative Security

3. Transaction Date

(Month/Day/

Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of
Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Month (Instr. 4)

10. Ownership Form of Derivative Security:
Direct (D) or Indirect (I) (Instr. 4)

11. Nature of
Indirect Beneficial Ownership (Instr. 4)

Code

(A)

(D)

Date
Exercisable

Expiration
Date

Title

Amount or Number of Shares

Explanation of Responses:

(1) – Common Stock held in the name of Creekers Helpline Inc. but beneficially owned by Mr. Pence. Creekers Helpline Inc. is a charitable organization established by Mr. and Mrs. Pence to assist Coldwater Creek employees in financial distress.

/S/ E. ANN PENCE		8/7/02
**Signature of Reporting Person		Date

Reminder:

Report on a separate line for each class of securities beneficially owned directly or indirectly.

If this form is filed by more than one reporting person, see Instruction 4(b)(v).

Intentional misstatements or omissions of facts constitute Federal Criminal Violations.

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:

File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

COLDWATER CREEK INC 4