0000883943-16-000138.txt : 20160906 0000883943-16-000138.hdr.sgml : 20160906 20160906162050 ACCESSION NUMBER: 0000883943-16-000138 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160901 FILED AS OF DATE: 20160906 DATE AS OF CHANGE: 20160906 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CHRISTOPHER & BANKS CORP CENTRAL INDEX KEY: 0000883943 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-WOMEN'S CLOTHING STORES [5621] IRS NUMBER: 061195422 STATE OF INCORPORATION: DE FISCAL YEAR END: 0128 BUSINESS ADDRESS: STREET 1: 2400 XENIUM LANE NORTH CITY: PLYMOUTH STATE: MN ZIP: 55441-3626 BUSINESS PHONE: 7635515000 MAIL ADDRESS: STREET 1: 2400 XENIUM LN NORTH CITY: PLYMOUTH STATE: MN ZIP: 55441-3626 FORMER COMPANY: FORMER CONFORMED NAME: BRAUNS FASHIONS CORP DATE OF NAME CHANGE: 19930328 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MICHIELUTTI PETER G CENTRAL INDEX KEY: 0001194666 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31390 FILM NUMBER: 161871072 4 1 wf-form4_147319323774144.xml FORM 4 X0306 4 2016-09-01 0 0000883943 CHRISTOPHER & BANKS CORP CBK 0001194666 MICHIELUTTI PETER G 2400 XENIUM LANE NORTH PLYMOUTH MN 55441 0 1 0 0 EVP, COO & CFO Common Stock 2016-09-01 4 A 0 17688 0 A 91554 D Employee Stock Option (Right to Buy) 1.86 2013-04-19 2022-04-23 Common Stock 30000.0 30000 D Employee Stock Option (Right to Buy) 6.25 2014-03-15 2023-03-15 Common Stock 13755.0 13755 D Employee Stock Option (Right to Buy) 2.12 2016-09-01 4 A 0 129028 0 A 2017-09-01 2026-09-01 Common Stock 129028.0 129028 D For purposes of setting the exercise price of the non-qualified stock option ("NQSO") award and for calculating both the time-based restricted stock and NQSO awards granted on September 1, 2016, the Company used a price of $2.12 per share which represents the highest closing price on the NYSE during the 30 trading days preceding the date of grant. The reporting person was granted 17,688 shares of Common Stock pursuant to a Restricted Stock Agreement. The shares are subject to forfeiture and are scheduled to vest in three annual installments of 5,896 shares on each of September 1, 2017, September 1, 2018 and September 1, 2019. This number includes restricted stock awards. On April 23, 2012, the reporting person was granted an option to purchase 30,000 shares of the Company's Common Stock that becomes fully exercisable on April 19, 2013. The option is subject to accelerated vesting in the event the reporting person is terminated by the Company, other than for cause, and accelerated vesting on a pro rata basis in the event of his death or disability. On March 15, 2013, the reporting person was granted an option to purchase 13,755 shares of the Company's Common Stock. The option vests in three annual installments of 4,585 shares on each of March 15, 2014, March 15, 2015 and March 15, 2016. On September 1, 2016, the reporting person was granted an option to purchase 129,028 shares of the Company's Common Stock. The option vests in three annual installments of 43,010 shares on September 1, 2017, 43,009 shares on September 1, 2018 and 43,009 shares on September 1, 2019. /s/Brook T. Nuernberg, Attorney-in-Fact 2016-09-06