UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. 1. Name and Address of Reporting Person(s) SLOMOWITZ, MARVIN 450 WINKS LANE BENSALEM, PA 19020 2. Issuer Name and Ticker or Trading Symbol CHARMING SHOPPES, INC. (CHRS) 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) 4. Statement for Month/Year 06/02 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [ ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) 7. 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 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of action action or Disposed of (D) Securities Indirect Date Code A Beneficially D Beneficial (Month/ or Owned at or Ownership Day/Year) Code V Amount D Price End of Month I ------------------------------------------------------------------------------------------------------------------------------------ Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and Security or Exercise action action Securities Acquired (A) Expiration Date Price of Date Code or Disposed of (D) Derivative Security Code V A D Exercisable Expiration ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option $8.04000 06/27/02 A V 6,500 06/01/03 (2) 06/27/12 (right to buy) (1) Restricted Share Units (3) 06/27/02 A V 3,000 (3) (3) Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of Security action of Underlying of Deri- Derivative Indirect Date Securities vative Securities D Beneficial Amount or Security Beneficially or Ownership Number of Owned at I - Title Shares End of Month ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option 06/27/02 Common Stock 6,500 (1) 6,500 D Direct (right to buy) (1) Restricted Share Units 06/27/02 Common Stock 3,000 (3) 3,000 D DirectExplanation of Responses: (1) Stock option granted under Charming Shoppes, Inc. Amended and Restated Non-Employee Directors Compensation Program for no consideration other than services, in a transaction exempt under Rule 16b-3. (2) Option becomes exercisable for 20% of the underlying shares, annually, beginning on the date indicated. (3) Each restricted share unit ("RSU") represents a right to receive cash upon settlement equal to the value of one share of common stock or, in certain cases, one share of common stock rather than cash. RSUs were automatically granted under the Company's Amended and Restated Non-Employee Directors Compensation Program for no consideration other than services, in a transaction exempt under Rule 16b-3(d), and will vest and become non-forfeitable at June 1, 2003 or earlier in the event of death, disability, or termination of service as a director in certain other circumstances. RSUs will be settled upon vesting, except that the Reporting person may elect to defer settlement, in which case deferred RSUs will be settled in a lump sum or in installments at or following the Reporting Person's termination of service as a director in accordance with such deferral election. SIGNATURE OF REPORTING PERSON /S/ SLOMOWITZ, MARVIN DATE 07/30/02