Mark W. Webb - Apr 1, 2024 Form 4 Insider Report for J.Jill, Inc. (JILL)

Role
EVP, CFO & COO
Signature
/s/ Kathleen Stevens, Attorney-in-Fact
Stock symbol
JILL
Transactions as of
Apr 1, 2024
Transactions value $
-$190,765
Form type
4
Date filed
4/3/2024, 09:00 PM
Previous filing
Mar 20, 2024
Next filing
Apr 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JILL Common Stock Options Exercise +3.08K +4.48% 71.8K Apr 1, 2024 Direct F1
transaction JILL Common Stock Tax liability -$43.6K -1.37K -1.9% $31.97 70.4K Apr 1, 2024 Direct F2
transaction JILL Common Stock Options Exercise +10.4K +14.73% 80.8K Apr 1, 2024 Direct F3
transaction JILL Common Stock Tax liability -$147K -4.6K -5.69% $31.97 76.2K Apr 1, 2024 Direct F2
transaction JILL Common Stock Award $0 +29.2K +38.33% $0.00 105K Apr 1, 2024 Direct 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 JILL Restricted Stock Units Options Exercise $0 -3.08K -33.36% $0.00 6.15K Apr 1, 2024 Common Stock 3.08K Direct F1, F5
transaction JILL Restricted Stock Units Options Exercise $0 -10.4K -50% $0.00 10.4K Apr 1, 2024 Common Stock 10.4K Direct F3, F5
transaction JILL Performance Stock Units Award $0 +29.2K $0.00 29.2K Apr 1, 2024 Common Stock 29.2K Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,077 restricted stock units ("RSUs") held by Mr. Webb vested on April 1, 2024 and were settled in exchange for a like amount of shares of common stock, par value $0.01 per share ("Common Stock") of J.Jill, Inc.
F2 Shares reported were withheld from Mr. Webb for the payment of taxes associated with the vesting of previously granted RSUs.
F3 10,375 RSUs held by Mr. Webb vested on April 1, 2024, and were settled in exchange for a like amount of shares of Common Stock of J.Jill, Inc.
F4 Represents 29,211 RSUs granted to Mr. Webb on April 1, 2024 that will vest in equal installments on each April 1, 2025, April 1, 2026 and April 1, 2027 for an equal number of shares of Common Stock.
F5 Each RSU represents a contingent right to receive one share of Common Stock of J.Jill, Inc.
F6 This represents Mr. Webb's performance 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 30, 2027. Each TSR PSU represents the contingent right to receive, upon vesting, one share of 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.