Childrens Place, Inc. — Director's Dealing 2017

Mar 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Childrens Place, Inc. (PLCE)
CIK: 0001041859
Period of Report: 2017-03-23

Reporting Person: SCARPA MICHAEL (CHIEF OPERATING OFFICER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-23	Common Stock, par value $0.10 per share	A	75000	—	Acquired	129572	Direct
2017-03-24	Common Stock, par value $0.10 per share	S	20000	$118.74	Disposed	109572	Direct

Footnotes

F1: Represents shares of Common Stock, par value $0.10 per share, of The Children's Place, Inc. (the "Company"), underlying a performance stock award granted under the Company's 2011 Equity Incentive Plan (the "Plan") on May 5, 2014. Such shares vest and are deliverable on or within 10 days following May 5, 2017, provided Mr. Scarpa is employed by the Company on such date, as further 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 November 23, 2016.

F3: The price reported in Column 4 is a weighted average price. These share were sold in multiple transactions at prices ranging from $118.03 to $119.40, inclusive. The reporting persons 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 prie within the reanges set forth in this footnote.