Filing Details

Accession Number:
0001140361-18-032922
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-07-19 17:03:18
Reporting Period:
2018-07-17
Accepted Time:
2018-07-19 17:03:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
883943 Christopher & Banks Corp CBK Retail-Women's Clothing Stores (5621) 061195422
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1350166 Jonathan Duskin C/O Macellum Capital Management, Llc
99 Hudson Street, 5Th Floor
New York NY 10013
Yes No Yes No
1468348 Macellum Capital Management, Llc 99 Hudson Street, 5Th Floor
New York NY 10013
No No Yes No
1607223 Macellum Retail Opportunity Fund, Lp C/O Macellum Capital Management, Llc
99 Hudson Street, 5Th Floor
New York NY 10013
No No Yes No
1640326 Macellum Advisors Gp, Llc C/O Macellum Capital Management, Llc
99 Hudson Street, 5Th Floor
New York NY 10013
No No Yes No
1673326 Mcm Management, Llc C/O Macellum Capital Management, Llc
99 Hudson Street, 5Th Floor
New York NY 10013
No No Yes No
1673346 Mcm Managers, Llc C/O Macellum Capital Management, Llc
99 Hudson Street, 5Th Floor
New York NY 10013
No No Yes No
1673347 Macellum Management, Lp C/O Macellum Capital Management, Llc
99 Hudson Street, 5Th Floor
New York NY 10013
No No Yes 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 Acquisiton 2018-07-17 22,000 $1.07 4,607,993 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2018-07-18 15,190 $1.04 4,623,183 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2018-07-19 5,700 $1.04 4,628,883 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 130,303 Direct
Common Stock 68,313 Indirect See Footnotes
Footnotes
  1. This number includes restricted stock awards.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.06 to $1.10, inclusive. The reporting persons will provide to Christopher & Banks Corporation (the "Issuer"), any security holder of the Issuer or the Securities and Exchange Commission ("SEC") staff, upon request, full information regarding the number of shares purchased at each price within the range.
  3. 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.
  4. (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.
  5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.02 to $1.06, inclusive. The reporting persons will provide to the Issuer, any security holder of the Issuer or the SEC staff, upon request, full information regarding the number of shares purchased at each price within the range.
  6. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.02 to $1.04, inclusive. The reporting persons will provide to the Issuer, any security holder of the Issuer or the SEC staff, upon request, full information regarding the number of shares purchased at each price within the range.
  7. 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.
  8. (Continued from Footnote 7) 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.