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Childrens Place, Inc. Director's Dealing 2014

Mar 25, 2014

33942_dirs_2014-03-25_49a4e2b9-23f4-4e00-8bf0-4d7759b02b5e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHILDRENS PLACE RETAIL STORES INC (PLCE)
CIK: 0001041859
Period of Report: 2014-03-21

Reporting Person: ELFERS JANE T (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-03-21 Common Stock, par value $0.10 per share S 40000 $52.17 Disposed 399804 Direct
2014-03-24 Common Stock, par value $0.10 per share S 13901 $51.78 Disposed 385903 Direct

Footnotes

F1: The shares were sold to cover tax liabilities incident to the delivery of shares on March 20, 2014 of Common Stock, par value $0.10 per share, of The Children's Place Retail Stores, Inc. (the "Company"), underlying a performance stock award granted under the Company's 2011 Equity Incentive Plan (the "Plan") on February 4, 2013.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.02 to $52.32, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F3: The shares were sold to cover tax liabilities incident to the delivery of shares on March 20, 2014 of Common Stock, par value $0.10 per share, of the Company, underlying a performance stock award granted under the Company's Plan on February 4, 2013.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.44 to $52.53, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.