CARTER RODNEY 4
4 · CHRISTOPHER & BANKS CORP · Filed Apr 21, 2010
Insider Transaction Report
Form 4
CARTER RODNEY
EVP, Chief Financial Officer
Transactions
- Award
Common Stock
2010-04-19+7,120→ 61,020 total - Award
Common Stock
2010-04-19+8,900→ 53,900 total - Award
Employee Stock Option (Right to Buy)
2010-04-19$10.80/sh+24,900$268,920→ 24,900 totalExercise: $10.80From: 2011-04-19Exp: 2020-04-19→ Common Stock (24,900 underlying)
Holdings
- 40,000
Employee Stock Option (Right to Buy)
Exercise: $5.37From: 2010-06-15Exp: 2019-06-15→ Common Stock (40,000 underlying) - 30,000
Employee Stock Option (Right to Buy)
Exercise: $5.37From: 2010-06-15Exp: 2019-06-15→ Common Stock (30,000 underlying)
Footnotes (6)
- [F1]On June 15, 2009, the reporting person was granted an option to exercise 30,000 shares of Common Stock. The option vests equally in three annual installments of 10,000 shares beginning on June 15, 2010.
- [F2]On June 15, 2009, the reporting person was granted an option to exercise 40,000 shares of Common Stock. The option vests equally in five annual installments of 8,000 shares beginning on June 15, 2010.
- [F3]On April 19, 2010, the reporting person was granted an option to exercise 24,900 shares of Common Stock. The option vests equally in three annual installments of 8,300 shares beginning on April 19, 2011.
- [F4]On April 19, 2010, the reporting person was granted 8,900 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 7,120 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]This number includes restricted stock awards.