Thomas A. Szlosek - Nov 12, 2021 Form 4 Insider Report for Janus International Group, Inc. (JBI)

Role: Director
Signature: /s/ Scott Sannes, as Attorney-in-Fact for Thomas A. Szlosek
Stock symbol: JBI
Transactions as of: Nov 12, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/16/2021, 04:03 PM
Previous filing: Jun 7, 2021
Next filing: Jan 6, 2022

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	+125K	+238.26%	$0.00	177K	Nov 12, 2021	Direct	F1, F2
transaction	JBI	Common Stock	Tax liability	$0	-87.5K	-49.31%	$0.00	90K	Nov 12, 2021	Direct	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	-125K	-100%	$0.00^*	0	Nov 12, 2021	Common Stock	125K	$11.50	Direct	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	Prior to giving effect to the transaction, the reported securities included 52,463 shares of Common Stock and 125,000 Warrants held by Juniper Industrial Sponsor, LLC (the "Sponsor"). The Reporting Person received such securities through Sponsor's pro rata distribution of all its holdings to its members for no consideration.

Content

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.

Prior to giving effect to the transaction, the reported securities included 52,463 shares of Common Stock and 125,000 Warrants held by Juniper Industrial Sponsor, LLC (the "Sponsor"). The Reporting Person received such securities through Sponsor's pro rata distribution of all its holdings to its members for no consideration.