James Guido - Oct 6, 2023 Form 3 Insider Report for J.Jill, Inc. (JILL)

Signature
/s/ Kathleen Stevens, attorney-in-fact
Stock symbol
JILL
Transactions as of
Oct 6, 2023
Transactions value $
$0
Form type
3
Date filed
11/13/2023, 11:30 AM
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding JILL Common Stock 4.61K Oct 6, 2023 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
holding JILL Performance Stock Units Oct 6, 2023 Common Stock 1.99K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 1,982 restricted stock units ("RSUs") granted on September 19, 2022 that will vest in equal installments on each of September 19, 2024 and September 19, 2025 for an equal number of shares of the Company's Common Stock and (ii) 1,989 RSUs granted on March 29, 2023 that will vest in equal installments on each of March 29, 2024, March 29, 2025 and March 29, 2026 for an equal number of shares of the Company's Common Stock.
F2 This represents the reporting person's performance-based restricted stock units that will be eligible for vesting based on achievement of absolute total shareholder return compound annual growth rate goals ("TSR PSUs") over a three-year performance period ending on January 31, 2026. Each TSR PSU represents the contingent right to receive, upon vesting, one share of the Company's Common Stock and the number of TSR PSUs reported represents the maximum possible number of shares of Common Stock that are eligible for vesting, which is 200% of the number of shares of Common Stock at target payout.