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Filing Details

Accession Number:: 0001567619-19-001368
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-01-18 16:04:41
Reporting Period:: 2019-01-16

Accepted Time:: 2019-01-18 16:04:41
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	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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2019-01-16	55,532	$0.61	4,691,415	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2019-01-17	99,182	$0.63	4,790,597	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

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

This number includes restricted stock awards.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.60 to $0.62, 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.
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.
(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.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.61 to $0.65, 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.
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.
(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.