Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
LYFTOGT MICHEAL J
  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)
Chief Financial Officer
(Last)
(First)
(Middle)
2400 XENIUM LANE NORTH
3. Date of Earliest Transaction (Month/Day/Year)
04/13/2011
(Street)

PLYMOUTH, MN 55441
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 04/13/2011   F(8)   861 D $ 6.35 18,460 D  
Common Stock 04/14/2011   F(8)   406 D $ 6.39 18,054 D  
Common Stock 04/15/2011   D(9)(10)   4,460 A $ 0 13,594 (11) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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) $ 21.4667             01/07/2003(1) 01/07/2012 Common Stock 11,250   11,250 D  
Employee Stock Option (Right to Buy) $ 18.33             01/06/2005(2) 01/06/2014 Common Stock 9,000   9,000 D  
Employee Stock Option (Right to Buy) $ 19.45             02/07/2007(3) 02/07/2016 Common Stock 8,200   8,200 D  
Employee Stock Option (Right to Buy) $ 17.98             04/18/2008(4) 04/18/2017 Common Stock 6,250   6,250 D  
Employee Stock Option (Right to Buy) $ 10.56             04/14/2009(5) 04/15/2018 Common Stock 3,400   3,400 D  
Employee Stock Option (Right to Buy) $ 4.18             04/14/2010(6) 04/14/2019 Common Stock 15,000   15,000 D  
Employee Stock Option (Right to Buy) $ 10.8             04/19/2011(7) 04/19/2020 Common Stock 5,500   5,500 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LYFTOGT MICHEAL J
2400 XENIUM LANE NORTH
PLYMOUTH, MN 55441
      Chief Financial Officer  

Signatures

 Sandra L. Miller, Attorney-in-Fact   04/15/2011
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The original option (11,250) shares granted January 7, 2002 becomes exercisable in three annual increments of 3,750 shares beginning January 7, 2003.
(2) The original option (9,000 shares) granted January 6, 2004 becomes exercisable in three annual installments of 3,000 shares beginning January 6, 2005.
(3) The original option (8,200) shares granted on February 7, 2006 becomes exercisable as to 2,733 shares on February 7, 2007 and February 7, 2008 and 2,734 shares on February 7, 2009.
(4) On April 18, 2007, the reporting person was granted an option to exercise 6,250 shares of Common Stock. The option vests equally in three annual installments beginning on April 18, 2008.
(5) On April 14, 2008, the reporting person was granted an option to exercise 3,400 shares of Common Stock. The option vests equally in three annual installments beginning on April 14, 2009.
(6) On April 13, 2009, the reporting person was granted an option to exercise 15,000 shares of Common Stock. The option vests equally in five annual installments of 3,000 shares beginning on April 13, 2010.
(7) On April 19, 2010, the reporting person was granted an option to exercise 5,500 shares of Common Stock. The option vests in three annual installments of 1,833 shares on April 19, 2011, 1,833 shares on April 19, 2012 and 1,834 shares on April 19, 2013.
(8) On April 13, 2011 and April 14, 2011, shares of restricted stock vested for the reporting person. The reporting person used shares of that restricted stock to satisfy the payroll tax liability incurred as a result of the vesting of the shares.
(9) On April 15, 2011, the Company determined that the performance goals applicable to 1,600 shares of restricted stock granted to the reporting person on April 19, 2010 had not been met. Thus, the 1,600 shares of restricted stock were forfeited.
(10) On April 15, 2011, the Company determined that the performance goals applicable to 2,860 shares of restricted stock granted to the reporting person on July 15, 2010 had not been met. Thus, the 2,860 shares of restricted stock were forfeited.
(11) This number includes restricted stock awards.

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