Childrens Place, Inc. — Director's Dealing 2011

Nov 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHILDRENS PLACE RETAIL STORES INC (PLCE)
CIK: 0001041859
Period of Report: 2011-11-22

Reporting Person: ELVEY MALCOLM L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-22	Common Stock, par value $0.10 per share	M	3000	$19.00	Acquired	5330	Direct
2011-11-22	Common Stock, par value $0.10 per share	S	3000	$53.35	Disposed	2330	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-22	Stock Option (right to buy)	$19.00	M	3000	Disposed	2018-02-02	Common Stock (3000)	Direct

Footnotes

F1: The options vested annually in three equal installments commencing on February 2, 2009. The options are fully exercisable on the date hereof.