Mithaq Capital SPC - Feb 13, 2024 Form 4/A Insider Report for Childrens Place, Inc. (PLCE)

Role
10%+ Owner
Signature
Mithaq Capital SPC /s/ Turki Saleh A. AlRajhi, Director
Stock symbol
PLCE
Transactions as of
Feb 13, 2024
Transactions value $
$10,779,027
Form type
4/A
Date filed
2/16/2024, 07:45 PM
Date Of Original Report
Feb 15, 2024
Previous filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLCE Common Stock Purchase $3.04M +282K +4.88% $10.79 6.07M Feb 13, 2024 Direct F1, F2, F3, F4
transaction PLCE Common Stock Purchase $6.02M +547K +9.02% $11.00 6.61M Feb 13, 2024 Direct F2, F3, F4, F5
transaction PLCE Common Stock Purchase $1.72M +137K +2.07% $12.52 6.75M Feb 13, 2024 Direct F2, F3, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents weighted average purchase price. The Subject Securities were purchased in multiple transactions at prices ranging from $10.60 to $10.99. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Subject Securities purchased at each separate price within the range set forth in this footnote.
F2 In addition to Mithaq Capital SPC, a segregated portfolio company organized under the laws of the Cayman Islands ("Mithaq"), this Form 4 is being filed jointly by Mithaq Global, a company organized under the laws of the Cayman Islands ("Mithaq Global"), Mithaq Capital, a company organized under the laws of the Cayman Islands ("Mithaq Capital"), Turki Saleh A. AlRajhi, a citizen of Saudi Arabia, Muhammad Asif Seemab, a citizen of Pakistan, and Snowball Compounding Ltd., an exempted company organized under the laws of the Cayman Islands ("Snowball", and together with Mithaq, Mithaq Global, Mithaq Capital, Turki Saleh A. AlRajhi and Muhammad Asif Seemab, the "Reporting Persons"), each of whom has the same business address as Mithaq and may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities"). The amount reflected in Column 5 reflects 1,000 Subject Securities held directly by Snowball, a wholly owned subsidiary of Mithaq.
F3 Mithaq and Mithaq Global are investment vehicles for certain members of the AlRajhi family, of which Turki Saleh A. AlRajhi is a member, and select other eligible investors that are employed by Mithaq or its affiliates. Mithaq is a controlled affiliate of Mithaq Capital. Mithaq Capital is a controlled affiliate of Mithaq Global, and acts as investment advisor for Mithaq.
F4 Mithaq, as a controlled affiliate of Mithaq Capital and Mithaq Capital, as the investment advisor for Mithaq and as a controlled affiliate of Mithaq Global, may each be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. By virtue of Mr. AlRajhi's position as a director of Mithaq, Mithaq Global and Mithaq Capital, Mr. AlRajhi may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. By virtue of Mr. Seemab's position as director of Mithaq and director and managing director of Mithaq Capital, Mr. Seemab may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. Each of the Reporting Persons disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.
F5 Represents weighted average purchase price. The Subject Securities were purchased in multiple transactions each at a price of $11.00. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Subject Securities purchased at each separate price within the range set forth in this footnote.
F6 Represents weighted average purchase price. The Subject Securities were purchased in multiple transactions each at a price of $12.52. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Subject Securities purchased at each separate price within the range set forth in this footnote.

Remarks:

This Form 4/A amends the Form 4 filing dated February 15, 2024 (the "Original Form"), solely in order to add Mithaq Capital as an additional reporting person. Although Mithaq Capital was disclosed in the Original Form, it was unable to be included as a reporting person because it did not have codes for the EDGAR system at the time. Other than including Mithaq Capital as an additional reporting person, this form contains no amendment to the Original Form.