Brian Scott Cook - 12 Nov 2021 Form 4 Insider Report for Janus International Group, Inc. (JBI)

Role: Director
Signature: /s/ Scott Sannes, as Attorney-in-Fact for Brian Scott Cook
Issuer symbol: JBI
Transactions as of: 12 Nov 2021
Net transactions value: $0
Form type: 4
Filing time: 16 Nov 2021, 15:51:53 UTC
Previous filing: 09 Jun 2021
Next filing: 06 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JBI	Common Stock, par value $0.0001 per share ("Common Stock")	Options Exercise	$0	+500,000	+238%	$0.000000	709,852	12 Nov 2021	By: Northvale Capital Partners, LLC	F1, F2
transaction	JBI	Common Stock	Tax liability	$0	-350,000	-49%	$0.000000	359,852	12 Nov 2021	By: Northvale Capital Partners, LLC	F1
holding	JBI	Common Stock						2,172,601	12 Nov 2021	Direct	F3
holding	JBI	Common Stock						543,150	12 Nov 2021	By: Brian S. Cook 2019 Nevada Trust	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	JBI	Warrants	Options Exercise	$0	-500,000	-100%	$0.000000^*	0	12 Nov 2021	Common Stock	500,000	$11.50	By: Northvale Capital Partners, LLC	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On October 13, 2021, Janus International Group, Inc. ("Janus") delivered a notice of redemption to holders of all outstanding warrants (the "Warrants") to purchase shares of Common Stock, par value $0.0001 per share (the "Common Stock"). Pursuant to the terms of the outstanding warrant agreements applicable to the Warrants, the Reporting Person elected to exercise all Warrants on a cashless basis.
F2	The Warrants were, and underlying shares of Common Stock received upon exercise of the Warrants are, held directly by Northvale Capital Partners, LLC ("Northvale"). Prior to giving effect to the transaction, the reported securities included 209,852 shares of Common Stock and 500,000 Warrants previously reported as held indirectly by the Reporting Person through Juniper Industrial Sponsor, LLC (the "Sponsor"). Northvale received such securities through Sponsor's pro rata distribution of all its holdings to its members, including Northvale, for no consideration (the "Distribution").
F3	Shares of Common Stock held directly Reporting Person, who received the reported securities for no consideration as part of the Distribution.
F4	Shares of Common Stock held directly by the Brian S. Cook 2019 Nevada Trust, which received the reported securities for no consideration as part of the Distribution.