Filing Details

Accession Number:
0000921895-18-001855
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-05-31 17:30:24
Reporting Period:
2018-05-29
Accepted Time:
2018-05-31 17:30:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1318484 Citi Trends Inc CTRN Retail-Apparel & Accessory Stores (5600) 522150697
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1350166 Jonathan Duskin Macellum Capital Management, Llc
99 Hudson Street, 5Th Floor
New York NY 10013
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.01 Par Value Disposition 2018-05-29 10,500 $29.86 516,310 No 4 S Indirect By Macellum SPV III, LP
Common Stock, $0.01 Par Value Disposition 2018-05-30 1,500 $30.50 514,810 No 4 S Indirect By Macellum SPV III, LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Macellum SPV III, LP
No 4 S Indirect By Macellum SPV III, LP
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.01 Par Value 2,612 Direct
Footnotes
  1. Represents shares of restricted stock awarded to Mr. Duskin in his capacity as a director of the Issuer. The restricted stock will vest one year after the date of grant, which would be June 21, 2018, provided Mr. Duskin is a director of the Issuer at such time.
  2. The price reported is a weighted average price. The reported shares were purchased in multiple transactions at prices ranging from $29.68 to $30.52. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote 2.
  3. Represents securities of the Issuer owned directly by Macellum SPV III, LP ("Macellum SPV"). Macellum Management, LP ("Macellum Management") serves as the investment manager of Macellum SPV. Macellum Advisors GP, LLC ("Macellum GP") serves as the general partner of Macellum Management and Macellum SPV. As the sole member of Macellum GP, Mr. Duskin may be deemed to beneficially own the securities of the Issuer owned directly by Macellum SPV. Mr. Duskin disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
  4. The price reported is a weighted average price. The reported shares were purchased in multiple transactions at prices ranging from $30.45 to $30.55. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote 4.