WALLER JOEL N 4
4 · CHRISTOPHER & BANKS CORP · Filed Nov 28, 2012
Insider Transaction Report
Form 4
WALLER JOEL N
President
Transactions
- Tax Payment
Common Stock
2012-11-26$3.43/sh−26,178$89,791→ 175,000 total - Purchase
Stock Option (Right to Buy)
2012-11-26+150,000→ 150,000 totalExercise: $2.50From: 2012-11-26Exp: 2021-12-14→ Common Stock (150,000 underlying)
Footnotes (4)
- [F1]On November 26, 2012, the reporting person's employment with the Company ended, other than for cause, and as a result the vesting of 150,000 shares of restricted stock was accelerated. The reporting person paid cash to satisfy the payroll tax liability as a result of the vesting of the shares.
- [F2]On November 26, 2012, the reporting person's employment with the Company ended, other than for cause, and as a result 26,178 shares of performance-based restricted stock are forfeited.
- [F3]On November 26, 2012, the reporting person's employment with the Company ended, other than for cause, and as a result the option to exercise 150,000 shares was accelerated and the option is fully vested.
- [F4]This number includes the vested restricted stock award of 150,000 shares.