Sec Form 4 Filing - ROUSE JULIE @ CHRISTOPHER & BANKS CORP - 2012-02-17

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ROUSE JULIE 2. Issuer Name and Ticker or Trading Symbol CHRISTOPHER & BANKS CORP [ CBK] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Former SVP, GMM (Last) (First) (Middle) 2400 XENIUM LANE NORTH 3. Date of Earliest Transaction (MM/DD/YY) 02/17/2012 (Street) PLYMOUTH, MN55441 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/17/2012 D( 3 ) 22,581 D $ 0 1,671 ( 5 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee Stock Option (Right to Buy) $ 5.83 10/20/2011( 1 ) 10/20/2020 Common Stock 20,000 6,667 ( 4 ) D Employee Stock Option (Right to Buy) $ 6.28 04/18/2012( 2 ) 04/18/2022 Common Stock 31,483 0 ( 4 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other ROUSE JULIE 2400 XENIUM LANE NORTH PLYMOUTH, MN55441 Former SVP, GMM Signatures Sandra L. Miller, Attorney-in-Fact 02/22/2012 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On October 20, 2010, the reporting person was granted an option to exercise 20,000 shares of Common Stock. The option vests in three annual installments of 6,666 shares on October 20, 2011, 6,667 shares on October 20, 2012 and 6,667 shares on October 20, 2013. ( 2 )On April 18, 2011, the reporting person was granted an option to exercise 31,483 shares of Common Stock. The option vests in three annual installments of 10,495 shares on April 18, 2012, 10,494 shares on April 18, 2013 and 10,494 shares on April 18, 2014. ( 3 )On February 17, 2012, the reporting person's position with the Company was eliminated and she is no longer employed by the Company. Thus, shares of restricted stock that have not vested are forfeited. ( 4 )On February 17, 2012, the reporting person's position with the Company was eliminated and she is no longer employed by the Company. Thus, unvested stock options have expired in accordance with their terms upon termination. ( 5 )This number includes restricted stock awards.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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