Childrens Place, Inc. — Director's Dealing 2016

May 10, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Childrens Place, Inc. (PLCE)
CIK: 0001041859
Period of Report: 2016-05-05

Reporting Person: LOW KEVIN (SVP, Store Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-05	Common Stock, par value $0.10 per share	F	1216	$71.49	Disposed	27965	Direct
2016-05-05	Common Stock, par value $0.10 per share	A	5246	—	Acquired	33211	Direct
2016-05-06	Common Stock, par value $0.10 per share	F	780	$71.95	Disposed	32431	Direct
2016-05-06	Common Stock, par value $0.10 per share	S	1332	$71.20	Disposed	31099	Direct

Footnotes

F1: Represents shares of Common Stock, par value $0.10 per share, of The Children's Place, Inc. (the "Company"), underlying time restricted stock units granted under the Company's 2011 Equity Incentive Plan (the "Plan") on May 5, 2016, one-third of which are deliverable to Mr. Low on each of the first, second and third anniversaries of the date of grant provided Mr. Low is employed by the Company on the respective vesting dates, subject to the terms and conditions of the Plan.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2015. The shares were sold to pay tax liabilities incident to the vesting of restricted stock units on May 5, 2016