SEC Form 4

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* DABAH EZRA (Last) (First) (Middle) 915 SECAUCUS ROAD (Street) SECAUCUS NJ 07094 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol CHILDRENS PLACE RETAIL STORES INC [ PLCE ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 11/25/2003
	4. If Amendment, Date of 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

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, Par Value $.10	11/21/2003		G	V	25,000	D	$28	6,047,070(1)(2)	I	Spouse
Common Stock, Par Value $.10	11/25/2003		S		1,612	D	$29	6,045,458(3)	I	Trustee for daughter
Common Stock, Par Value $.10	11/26/2003		S		3,388	D	$28.02	6,042,070(4)	I	Trustee for daughter
Common Stock, Par Value $.10	11/26/2003		S		5,000	D	$28	6,037,070(5)	I	Trustee for son

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 Securities Underlying Derivative Security (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: 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

Explanation of Responses:

1. Includes (i) 3,402,960 shares held by trusts or custodial accounts for the benefit of Mrs. Dabah's children and certain other family members, of which Mrs. Dabah or her husband is a trustee or custodian and as to which Mrs. Dabah or her husband, as the case may be, has voting control, and as to which shares Mrs. Dabah disclaims beneficial ownership; (ii) 2,506,850 held in Mrs. Dabah's husband's name; (iii) 37,600 shares held by Mrs. Dabah; and (iv) 99,660 shares subject to options held by Mrs. Dabah's husband which are currently exercisable. Does not include (i) 496,000 shares directly owned by Stanley Silverstein, Mrs. Dabah's father; (ii) 7,000 shares held in Mr. Silverstein's profit sharing account; and (iii) 121,000 shares directly owned by Raine Silverstein, Mrs. Dabah's mother.

2. The reporting person no longer has a reportable beneficial interest in 22,000 shares which were previously included in the reporting person's prior ownership reports.

3. Includes (i) 3,401,348 shares held by trusts or custodial accounts for the benefit of Mrs. Dabah's children and certain other family members, of which Mrs. Dabah or her husband is a trustee or custodian and as to which Mrs. Dabah or her husband, as the case may be, has voting control, and as to which shares Mrs. Dabah disclaims beneficial ownership; (ii) 2,506,850 held in Mrs. Dabah's husband's name; (iii) 37,600 shares held by Mrs. Dabah; and (iv) 99,660 shares subject to options held by Mrs. Dabah's husband which are currently exercisable. Does not include (i) 496,000 shares directly owned by Stanley Silverstein, Mrs. Dabah's father; (ii) 7,000 shares held in Mr. Silverstein's profit sharing account; and (iii) 121,000 shares directly owned by Raine Silverstein, Mrs. Dabah's mother.

4. Includes (i) 3,397,960 shares held by trusts or custodial accounts for the benefit of Mrs. Dabah's children and certain other family members, of which Mrs. Dabah or her husband is a trustee or custodian and as to which Mrs. Dabah or her husband, as the case may be, has voting control, and as to which shares Mrs. Dabah disclaims beneficial ownership; (ii) 2,506,850 held in Mrs. Dabah's husband's name; (iii) 37,600 shares held by Mrs. Dabah; and (iv) 99,660 shares subject to options held by Mrs. Dabah's husband which are currently exercisable. Does not include (i) 496,000 shares directly owned by Stanley Silverstein, Mrs. Dabah's father; (ii) 7,000 shares held in Mr. Silverstein's profit sharing account; and (iii) 121,000 shares directly owned by Raine Silverstein, Mrs. Dabah's mother.

5. Includes (i) 3,392,960 shares held by trusts or custodial accounts for the benefit of Mrs. Dabah's children and certain other family members, of which Mrs. Dabah or her husband is a trustee or custodian and as to which Mrs. Dabah or her husband, as the case may be, has voting control, and as to which shares Mrs. Dabah disclaims beneficial ownership; (ii) 2,506,850 held in Mrs. Dabah's husband's name; (iii) 37,600 shares held by Mrs. Dabah; and (iv) 99,660 shares subject to options held by Mrs. Dabah's husband which are currently exercisable. Does not include (i) 496,000 shares directly owned by Stanley Silverstein, Mrs. Dabah's father; (ii) 7,000 shares held in Mr. Silverstein's profit sharing account; and (iii) 121,000 shares directly owned by Raine Silverstein, Mrs. Dabah's mother.

Remarks:

	Renee Dabah	12/01/2003
	** Signature of Reporting Person	Date
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.