Mark W. Webb - Aug 5, 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
Aug 5, 2024
Transactions value $
-$88,644
Form type
4
Date filed
8/7/2024, 04:25 PM
Previous filing
Jul 16, 2024
Next filing
Sep 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JILL Common Stock Sale -$43.6K -1.35K -1.23% $32.31 108K Aug 5, 2024 Direct F1, F2
transaction JILL Common Stock Sale -$45.1K -1.35K -1.25% $33.45 106K Aug 6, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares of common stock, par value $0.01 per share ("Common Stock") of J.Jill, Inc. were sold in multiple transactions at prices ranging from $31.98 to $32.59, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission (the "Commission"), to any security holder of J.Jill, Inc., or to J.Jill, Inc., upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 Mr. Webb's Form 4, filed on June 18, 2024, inadvertently stated the incorrect number of shares withheld to satisfy tax withholding obligations. As a result, 4.32 shares were included in the total amounts reported in Column 5 on Mr. Webb's Form 4 filed on June 18, 2024 and his subsequent Form 4 filings. This Form 4 reflects the corrected total beneficial ownership for Mr. Webb.
F3 The price reported in Column 4 is a weighted average price. The shares of Common Stock of J.Jill, Inc. were sold in multiple transactions at prices ranging from $33.01 to $33.64, inclusive. The reporting person undertakes to provide to the staff of the Commission, to any security holder of J.Jill, Inc., or to J.Jill, Inc., upon request, full information regarding the number of shares sold at each separate price within the range set forth above.