Michael Rahamim - 10 Sep 2024 Form 4 Insider Report for J.Jill, Inc. (JILL)

Role: Director
Signature: /s/ Kathleen Stevens, Attorney-in-Fact
Issuer symbol: JILL
Transactions as of: 10 Sep 2024
Net transactions value: +$7.68
Form type: 4
Filing time: 12 Sep 2024, 19:33:01 UTC
Previous filing: 14 Jun 2024
Next filing: 04 Oct 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JILL	Common Stock	Exercise of in-the-money or at-the-money derivative security	$2,553	+255,264	+228%	$0.0100	367,393	10 Sep 2024	Direct	F1
transaction	JILL	Common Stock	Tax liability	$2,545	-88	-0.02%	$28.92	367,305	10 Sep 2024	Direct	F1
holding	JILL	Common Stock						6,258	10 Sep 2024	By wife

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	Common Stock Warrants (right to buy)	Exercise of in-the-money or at-the-money derivative security		+255,264			0	10 Sep 2024	Common Stock	255,264	$0.0100	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 10, 2024, Mr. Rahamim exercised a warrant to purchase 255,264 shares of J.Jill, Inc. (the "Issuer") common stock for $0.01 per share pursuant to Rule 16b-6(b) (reflecting the number of shares issuable to Mr. Rahamim following the 5-for-1 reverse stock split that became effective November 9, 2020). Mr. Rahamim paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 88 of the shares of Issuer's common stock to pay the exercise price and issuing to the reporting person the remaining 255,176 shares.

Content

On September 10, 2024, Mr. Rahamim exercised a warrant to purchase 255,264 shares of J.Jill, Inc. (the "Issuer") common stock for $0.01 per share pursuant to Rule 16b-6(b) (reflecting the number of shares issuable to Mr. Rahamim following the 5-for-1 reverse stock split that became effective November 9, 2020). Mr. Rahamim paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 88 of the shares of Issuer's common stock to pay the exercise price and issuing to the reporting person the remaining 255,176 shares.