Roger Fradin - 12 Nov 2021 Form 4 Insider Report for Janus International Group, Inc. (JBI)

Role: Director
Signature: /s/ Scott Sannes, as Attorney-in-Fact for Roger Fradin
Issuer symbol: JBI
Transactions as of: 12 Nov 2021
Net transactions value: $0
Form type: 4
Filing time: 16 Nov 2021, 15:58:38 UTC
Previous filing: 03 Nov 2021
Next filing: 18 Nov 2021
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	+820,000	+36%	$0.000000	3,119,499	12 Nov 2021	By: The Fradin Community Property Revocable Trust	F1, F2
transaction	JBI	Common Stock	Tax liability	$0	-574,000	-18%	$0.000000	2,545,499	12 Nov 2021	By: The Fradin Community Property Revocable Trust	F1
transaction	JBI	Common Stock	Options Exercise	$0	+205,000	+36%	$0.000000	779,874	12 Nov 2021	By Juniper GRAT Trust	F1, F3
transaction	JBI	Common Stock	Tax liability	$0	-143,500	-18%	$0.000000	636,374	12 Nov 2021	By Juniper GRAT Trust	F1

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	-820,000	-100%	$0.000000^*	0	12 Nov 2021	Common Stock	820,000	$11.50	By: The Fradin Community Property Revocable Trust
transaction	JBI	Warrants	Options Exercise	$0	-205,000	-100%	$0.000000^*	0	12 Nov 2021	Common Stock	205,000	$11.50	By Juniper GRAT Trust

* 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 on the applicable transaction dates 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 the Fradin Community Property Revocable Trust. Prior to giving effect to the transaction, the Reporting Person transferred all shares of Common Stock and Warrants previously reported as held directly to The Fradin Community Property Revocable Trust, of which the Reporting Person is a trustee and beneficiary.
F3	The Warrants were, and underlying shares of Common Stock received upon exercise of the Warrants are, held directly by The Juniper GRAT Trust.