Jonathan Duskin - Jun 16, 2021 Form 4 Insider Report for Citi Trends Inc (CTRN)

Role
Director
Signature
/s/ Jonathan Duskin
Stock symbol
CTRN
Transactions as of
Jun 16, 2021
Transactions value $
$0
Form type
4
Date filed
6/17/2021, 06:09 PM
Next filing
Jan 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTRN Common Stock, $0.01 par value Award $0 +936 +12.72% $0.00 8.29K Jun 16, 2021 Direct F1
holding CTRN Common Stock, $0.01 par value 237K Jun 16, 2021 By Macellum SPV III, LP F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock awarded to Mr. Duskin in his capacity as a director of the Issuer. The restricted stock will vest on the earlier of (i) one year after the date of grant, which would be June 16, 2022 or (ii) the date of the annual meeting of the Company's stockholders in 2022, provided Mr. Duskin is a director of the Issuer at such time.
F2 Represents securities of the Issuer owned directly by Macellum SPV III, LP ("Macellum SPV"). Macellum Management, LP ("Macellum Management") serves as the investment manager of Macellum SPV. Macellum Advisors GP, LLC ("Macellum GP") serves as the general partner of Macellum Management and Macellum SPV. As the sole member of Macellum GP, Mr. Duskin may be deemed to beneficially own the securities of the Issuer owned directly by Macellum SPV. Mr. Duskin disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.