Filing Details

Accession Number:
0001104659-24-022552
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-13 21:11:15
Reporting Period:
2024-02-09
Accepted Time:
2024-02-13 21:11:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1041859 Childrens Place Inc. PLCE Retail-Family Clothing Stores (5651) 311241495
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1828133 A. Saleh Turki Alrajhi C/O Synergy, Anas Ibn Malik Road
Al Malqa, Riyadh T0 13521
No No Yes No
1828859 Asif Muhammad Seemab C/O Synergy, Anas Ibn Malik Road
Al Malqa, Riyadh T0 13521
No No Yes No
1834600 Spc Capital Mithaq C/O Synergy, Anas Ibn Malik Road
Al Malqa, Riyadh T0 13521
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 2024-02-09 589,248 $9.40 1,837,119 No 4 P Direct
Common Stock Acquisiton 2024-02-09 167,906 $10.39 2,005,025 No 4 P Direct
Common Stock Acquisiton 2024-02-09 615,095 $11.70 2,620,120 No 4 P Direct
Common Stock Acquisiton 2024-02-09 477,148 $12.38 3,097,268 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
Footnotes
  1. In addition to Mithaq Capital SPC, a segregated portfolio company organized under the laws of the Cayman Islands ("Mithaq"), this Form 4 is being filed jointly by Mithaq Global, a company organized under the laws of the Cayman Islands ("Mithaq Global"), Mithaq Capital, a company organized under the laws of the Cayman Islands ("Mithaq Capital"), Turki Saleh A. AlRajhi, a citizen of Saudi Arabia, Muhammad Asif Seemab, a citizen of Pakistan, and Snowball Compounding Ltd., an exempted company organized under the laws of the Cayman Islands ("Snowball", and together with Mithaq, Mithaq Global, Mithaq Capital, Turki Saleh A. AlRajhi and Muhammad Asif Seemab, the "Reporting Persons"), each of whom has the same business address as Mithaq and may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities"). The amount reflected in Column 5 reflects 1,000 Subject Securities held directly by Snowball, a wholly owned subsidiary of Mithaq.
  2. Mithaq and Mithaq Global are investment vehicles for certain members of the AlRajhi family, of which Turki Saleh A. AlRajhi is a member, and select other eligible investors that are employed by Mithaq or its affiliates. Mithaq is a controlled affiliate of Mithaq Capital. Mithaq Capital is a controlled affiliate of Mithaq Global, and acts as investment advisor for Mithaq.
  3. Mithaq, as a controlled affiliate of Mithaq Capital and Mithaq Capital, as the investment advisor for Mithaq and as a controlled affiliate of Mithaq Global, may each be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. By virtue of Mr. AlRajhi's position as a director of Mithaq, Mithaq Global and Mithaq Capital, Mr. AlRajhi may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. By virtue of Mr. Seemab's position as director of Mithaq and director and managing director of Mithaq Capital, Mr. Seemab may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. Each of the Reporting Persons disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.
  4. Represents weighted average purchase price. The Subject Securities were purchased in multiple transactions at prices ranging from $9.23 to $9.99. 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 Subject Securities purchased at each separate price within the range set forth in this footnote.
  5. Represents weighted average purchase price. The Subject Securities were purchased in multiple transactions at prices ranging from $10.00 to $10.99. 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 Subject Securities purchased at each separate price within the range set forth in this footnote.
  6. Represents weighted average purchase price. The Subject Securities were purchased in multiple transactions at prices ranging from $11.00 to $11.99. 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 Subject Securities purchased at each separate price within the range set forth in this footnote.
  7. Represents weighted average purchase price. The Subject Securities were purchased in multiple transactions at prices ranging from $12.00 to $12.50. 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 Subject Securities purchased at each separate price within the range set forth in this footnote.