Thompson Gary A 4
4 · CHRISTOPHER & BANKS CORP · Filed Apr 21, 2010
Insider Transaction Report
Form 4
Thompson Gary A
SVP, Store Operations
Transactions
- Exercise/Conversion
Common Stock
2010-04-21$6.80/sh+3,500$23,800→ 41,265 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2010-04-21−3,500→ 0 totalExercise: $6.80From: 2009-06-30Exp: 2018-06-30→ Common Stock (3,500 underlying) - Award
Common Stock
2010-04-19+8,000→ 31,365 total - Sale
Common Stock
2010-04-21$10.63/sh−13,865$147,400→ 34,400 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2010-04-21−7,000→ 0 totalExercise: $4.18From: 2010-04-13Exp: 2019-04-13→ Common Stock (7,000 underlying) - Award
Common Stock
2010-04-19+6,400→ 37,765 total - Exercise/Conversion
Common Stock
2010-04-21$4.18/sh+7,000$29,260→ 48,265 total - Award
Employee Stock Option (Right to Buy)
2010-04-19$10.80/sh+22,400$241,920→ 22,400 totalExercise: $10.80From: 2011-04-19Exp: 2020-04-19→ Common Stock (22,400 underlying)
Holdings
- 35,000
Employee Stock Option (Right to Buy)
Exercise: $4.18From: 2010-04-13Exp: 2019-04-13→ Common Stock (35,000 underlying) - 10,500
Employee Stock Option (Right to Buy)
Exercise: $6.80From: 2009-06-30Exp: 2018-06-30→ Common Stock (10,500 underlying)
Footnotes (7)
- [F1]On June 30, 2008, the reporting person was granted an option to exercise 10,500 shares of Common Stock. The option vests equally in three annual installments beginning on June 30, 2009.
- [F2]On April 13, 2009, the reporting person was granted an option to exercise 35,000 shares of Common Stock. The option vests equally in five annual installments of 7,000 shares beginning on April 13, 2010.
- [F3]On April 19, 2010, the reporting person was granted an option to exercise 22,400 shares of Common Stock. The option vests in three annual installments of 7,466 shares on April 19, 2011, 7,467 shares on April 19, 2012 and 7,467 shares on April 19, 2013.
- [F4]On April 19, 2010, the reporting person was granted 8,000 shares of Common Stock pursuant to a Restricted Stock Agreement. The shares are subject to forfeiture and are scheduled to vest as to one-third of the shares on each of April 19, 2011, April 19, 2012 and April 19, 2013, pursuant to the terms of the Restricted Stock Agreement.
- [F5]On April 19, 2010, the reporting person was granted 6,400 shares of Common Stock pursuant to a Restricted Stock Agreement. All or a portion of the shares are subject to forfeiture based on pre-determined corporate financial performance criteria for fiscal year 2011. Following the completion of fiscal 2011, a determination will be made if the threshold financial performance criteria have been met or exceeded. If the threshold level of performance is not met, all of the Restricted Stock is forfeited. To the extent that the performance-based restrictions lapse as to some or all of the Restricted Stock, then the shares vest as follows: (i) one-third as of the date the performance-based restrictions lapse and (ii) one-third each on April 19, 2012 and April 19, 2013.
- [F6]The price reported is the weighted average sale price for the transactions reported. The prices received ranged from $10.54 to $10.72. The reporting person will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range.
- [F7]This number includes restricted stock awards.