4//SEC Filing
DUSKIN JONATHAN 4
Accession 0001567619-20-012380
CIK 0000883943other
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 5:10 PM ET
Size
38.2 KB
Accession
0001567619-20-012380
Insider Transaction Report
Form 4
DUSKIN JONATHAN
10% Owner
Transactions
- Award
Common Stock
2020-06-17+50,000→ 230,303 total
Holdings
- 4,790,597(indirect: See Footnotes)
Common Stock
- 68,313(indirect: See Footnotes)
Common Stock
Macellum Management, LP
10% Owner
Transactions
- Award
Common Stock
2020-06-17+50,000→ 230,303 total
Holdings
- 4,790,597(indirect: See Footnotes)
Common Stock
- 68,313(indirect: See Footnotes)
Common Stock
Macellum Capital Management, LLC
10% Owner
Transactions
- Award
Common Stock
2020-06-17+50,000→ 230,303 total
Holdings
- 68,313(indirect: See Footnotes)
Common Stock
- 4,790,597(indirect: See Footnotes)
Common Stock
Macellum Advisors GP, LLC
10% Owner
Transactions
- Award
Common Stock
2020-06-17+50,000→ 230,303 total
Holdings
- 68,313(indirect: See Footnotes)
Common Stock
- 4,790,597(indirect: See Footnotes)
Common Stock
MCM Management, LLC
10% Owner
Transactions
- Award
Common Stock
2020-06-17+50,000→ 230,303 total
Holdings
- 68,313(indirect: See Footnotes)
Common Stock
- 4,790,597(indirect: See Footnotes)
Common Stock
MCM Managers, LLC
10% Owner
Transactions
- Award
Common Stock
2020-06-17+50,000→ 230,303 total
Holdings
- 4,790,597(indirect: See Footnotes)
Common Stock
- 68,313(indirect: See Footnotes)
Common Stock
Macellum Retail Opportunity Fund, LP
10% Owner
Transactions
- Award
Common Stock
2020-06-17+50,000→ 230,303 total
Holdings
- 68,313(indirect: See Footnotes)
Common Stock
- 4,790,597(indirect: See Footnotes)
Common Stock
Footnotes (6)
- [F1]On June 17, 2020, Jonathan Duskin was granted 50,000 shares of common stock of Christopher & Banks Corporation (the "Issuer") pursuant to the terms of a Restricted Stock Agreement (the "Agreement") between the Issuer and Mr. Duskin. Subject to forfeiture provisions set forth in the Agreement, the shares awarded vest in full on the earlier of (i) June 17, 2021 or (ii) the date of the Issuer's 2021 Annual Meeting of Stockholders.
- [F2]This number includes restricted stock awards.
- [F3]Represents shares of common stock of the Issuer directly held by Macellum Retail Opportunity Fund, LP ("Opportunity Fund"). Macellum Management, LP ("Macellum Management") may be deemed to have voting and investment power over the shares of common stock of the Issuer directly held by Opportunity Fund as the investment manager for Opportunity Fund. Macellum Advisors GP, LLC ("Macellum GP") may be deemed to have voting and investment power over such shares as the general partner of Opportunity Fund and of Macellum Management. Jonathan Duskin is the sole member of Macellum GP and may be deemed to have voting and investment power over the shares of common stock of the Issuer directly held by Opportunity Fund by virtue of his relationship with Macellum GP.
- [F4](Continued from Footnote 3) Macellum GP and Mr. Duskin may be deemed to have a pecuniary interest in the shares of common stock of the Issuer directly held by Opportunity Fund due to Macellum GP's right to receive a performance-based allocation. Each of Macellum Management, Macellum GP and Mr. Duskin disclaims beneficial ownership of the shares of common stock of the Issuer directly held by Opportunity Fund, except to the extent of their pecuniary interests therein. This report shall not be deemed an admission that any of Macellum Management, Macellum GP or Mr. Duskin is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
- [F5]Represents shares of common stock of the Issuer directly held by Macellum Capital Management, LLC ("Macellum Capital Management"). MCM Managers, LLC ("MCM Managers") may be deemed to have voting and investment power over the shares of common stock of the Issuer directly held by Macellum Capital Management as the managing member of Macellum Capital Management. MCM Management, LLC ("MCM Management") may be deemed to have voting and investment power over such shares as the managing member of MCM Managers. Mr. Duskin may be deemed to have voting and investment power over the shares of common stock of the Issuer directly held by Macellum Capital Management as the managing member of MCM Management. MCM Managers, MCM Management and Mr. Duskin may be deemed to have a pecuniary interest in the shares of common stock of the Issuer directly held by Macellum Capital Management due to MCM Managers' right to receive a performance-based allocation.
- [F6](Continued from Footnote 6) Each of MCM Managers, MCM Management and Mr. Duskin disclaims beneficial ownership of the shares of common stock of the Issuer directly held by Macellum Capital Management except to the extent of their pecuniary interests therein. This report shall not be deemed an admission that any of MCM Managers, MCM Management or Mr. Duskin is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
Documents
Issuer
CHRISTOPHER & BANKS CORP
CIK 0000883943
Entity typeother
Related Parties
1- filerCIK 0001350166
Filing Metadata
- Form type
- 4
- Filed
- Jun 17, 8:00 PM ET
- Accepted
- Jun 18, 5:10 PM ET
- Size
- 38.2 KB