Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | JBI | Common Stock | Gift | $0 | -1.65M | -87.13% | $0.00 | 244K | Nov 27, 2024 | By The Fradin Community Property Revocable Trust | F1, F2, F3 |
transaction | JBI | Common Stock | Gift | $0 | +825K | $0.00 | 825K | Nov 27, 2024 | By R JBI GRAT 2024 II | F4, F5, F6 | |
transaction | JBI | Common Stock | Gift | $0 | +825K | $0.00 | 825K | Nov 27, 2024 | By S JBI GRAT 2024 II | F7, F8, F9 | |
holding | JBI | Common Stock | 53K | Nov 27, 2024 | Direct | ||||||
holding | JBI | Common Stock | 325K | Nov 27, 2024 | By R JBI GRAT 2024 | F2 | |||||
holding | JBI | Common Stock | 325K | Nov 27, 2024 | By S JBI GRAT 2024 | F3 |
Id | Content |
---|---|
F1 | The shares of JBI Common Stock are held directly by The Fradin Community Property Revocable Trust, for which the reporting person serves as trustee. |
F2 | The R JBI GRAT 2024, of which the reporting person is the trustee and annuitant, irrevocable trusts for the benefit of the reporting person's children are beneficiaries, and the reporting person maintains indirect beneficial ownership of such securities. |
F3 | The S JBI GRAT 2024, of which the reporting person's spouse is the trustee and annuitant, irrevocable trusts for the benefit of the reporting person's children are beneficiaries, and the reporting person maintains indirect beneficial ownership of such securities. |
F4 | The reporting person previously indirectly beneficially owned these shares of JBI Common Stock through The Fradin Community Property Revocable Trust. On November 27, 2024, the reporting person and the reporting person's spouse entered into a transmutation agreement pursuant to which the reporting person and the reporting person's spouse agreed that 825,415 shares of JBI Common Stock owned by the reporting person and the reporting person's spouse as community property would be deemed to be the separate property of the reporting person (the "Reporting Person GRAT Shares"). |
F5 | Concurrently with the entry into the transmutation agreement discussed in note 4, the reporting person contributed the Reporting Person GRAT Shares to R JBI GRAT 2024 II, a grantor retained annuity trust of which the reporting person is the trustee and annuitant and that is for the benefit of the reporting person and the reporting person's children. The reporting person maintains indirect beneficial ownership of such securities. As of the date of this Form 4, these securities have not been sold and remain held by the trust. |
F6 | The R JBI GRAT 2024 II, a grantor retained annuity trust of which the reporting person is the trustee and annuitant and that is for the benefit of the reporting person and the reporting person's children. The reporting person maintains indirect beneficial ownership of such securities. |
F7 | The reporting person previously indirectly beneficially owned these shares of JBI Common Stock through The Fradin Community Property Revocable Trust. On November 27, 2024, the reporting person and the reporting person's spouse entered into a transmutation agreement pursuant to which the reporting person and the reporting person's spouse agreed that 825,415 shares of JBI Common Stock owned by the reporting person and the reporting person's spouse as community property would be deemed to be the separate property of the reporting person's spouse (the "Spouse GRAT Shares"). |
F8 | Concurrently with the entry into the transmutation agreement discussed in note 7, the reporting person's spouse contributed the Spouse GRAT Shares to S JBI GRAT 2024 II, a grantor retained annuity trust of which the reporting person's spouse is the trustee and annuitant, and that is for the benefit of the reporting person's spouse and the reporting person's children, and the reporting person maintains indirect beneficial ownership of such securities. As of the date of this Form 4, these securities have not been sold and remain held by the trust. |
F9 | The S JBI GRAT 2024 II, a grantor retained annuity trust of which the reporting person's spouse is the trustee and annuitant, and that is for the benefit of the reporting person's spouse and the reporting person's children, and the reporting person maintains indirect beneficial ownership of such securities. |