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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 Sep 2024, 16:07:15 UTC
Prior SEC filing
16 Feb 2024
Next SEC filing
04 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Mithaq Capital SPC /s/ Turki Saleh A. AlRajhi, Director

Key filing fact

Mithaq Capital SPC filed Form 4 for Childrens Place, Inc. (PLCE) on 16 Sep 2024.

Key facts

  • This page summarizes Mithaq Capital SPC's Form 4 filing for Childrens Place, Inc. (PLCE).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 16 Sep 2024, 16:07.

Change

  • Previous filing in this sequence was filed on 16 Feb 2024.
  • Current net transaction value: +$2,500,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PLCE transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value
$2,500,000
Shares
+250,000
Change %
+3.7%
Price
$10.00
Shares after
7,001,787
Date
13 Sep 2024
Ownership
Direct
Footnotes
F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PLCE transaction Derivative

Call Option (right to buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value
$0
Shares
-2,500
Change %
-100%
Price
$0.000000
Shares after
0
Date
13 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
250,000
Exercise price
$10.00
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

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.

Footnote F2

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.

Footnote F3

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.

SEC remarks

Each of Turki Saleh A. AlRajhi and Muhammad Asif Seemab serve as a director on the Board of Directors of the Issuer and, as a result, the entities listed in these notes are directors by deputization for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

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