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EX-10.1 - EXHIBIT 10-1 (VIA A-R EE AGT) - CHRISTOPHER & BANKS CORPform8kviaareeagtexh101.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
Current Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  June 26, 2014
 
CHRISTOPHER & BANKS CORPORATION
(Exact name of registrant as specified in its charter)
 
Delaware
(State or Other Jurisdiction of Incorporation)
 

001-31390
 
06-1195422
(Commission File Number)
 
(IRS Employer
Identification No.)
 
2400 Xenium Lane North
Plymouth, Minnesota 55441
(Address of Principal Executive Offices)  (Zip Code)
 
(763) 551-5000
(Registrant's telephone number, including area code)
 
Not Applicable
(Former Name or Former Address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o             Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o             Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o             Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o             Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 






Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e)    Effective as of June 26, 2014, Christopher & Banks Corporation (the "Company) and LuAnn Via, the Company's President and Chief Executive Officer, entered into an amended and restated employment agreement (the "Amended Agreement").

As provided in the Amended Agreement: (i) the Company and Ms. Via have extended the term of the Agreement from November 26, 2015 until January 28, 2017, the last day of the Company's fiscal year 2016; (ii) the notice period with respect to terminating the Amended Agreement at the end of its term or following the automatic one-year extensions thereafter was changed from 90 to 180 days; and (iii) as the long-term equity inducement award under the original employment agreement was in lieu of long-term equity incentive grants through the fiscal year ending January 30, 2016, the Amended Agreement provides that Ms. Via is eligible for equity awards beginning in fiscal 2016 at a level reasonably comparable to the median equity awards to CEO's in the Company's compensation peer group, as determined by the Board (or a committee thereof) in good faith.

The foregoing summary of the Amended Agreement is qualified in its entirety by reference to the Amended Agreement, a copy of which is filed as Exhibit 10.1 to this current Report on Form 8-K and incorporated herein by reference.

Item 9.01
Financial Statements and Exhibits.

(d)
Exhibits:
 
 
 
10.1
 
Amended and Restated Employment Agreement between Christopher & Banks Corporation and LuAnn Via effective as of June 26, 2014.


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SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
CHRISTOPHER & BANKS CORPORATION
 
 
 
 
 
 
Date: June 27, 2014
By:
/s/ Luke R. Komarek

 
 
Luke R. Komarek
 
 
Senior Vice President, General Counsel


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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
CHRISTOPHER & BANKS CORPORATION
EXHIBIT INDEX TO FORM 8-K
 

Date of Report:
 
Commission File No.:
June 26, 2014
 
001-31390
 
CHRISTOPHER & BANKS CORPORATION
 

Exhibit Number
 
Description
 
 
 
10.1
 
Amended and Restated Employment Agreement between Christopher & Banks Corporation and LuAnn Via effective as of June 26, 2014.




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