Brendan J. Killackey - 07 Feb 2022 Form 4 Insider Report for JANEL CORP (JANL)

Role: Director
Signature: /s/ Brendan J. Killackey
Issuer symbol: JANL
Transactions as of: 07 Feb 2022
Net transactions value: +$22,500
Form type: 4
Filing time: 09 Feb 2022, 10:22:41 UTC
Next filing: 04 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JANL	Common Stock	Options Exercise	$22,500	+5,000	+9.8%	$4.50^*	56,000	07 Feb 2022	Direct	F3

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	JANL	Stock Option (Right to Buy)	Options Exercise	$0	-5,000	-100%	$0.000000^*	0	07 Feb 2022	Common Stock	5,000	$4.50	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Exercisable in three cumulative tranches from and after 12/29/2015, 12/29/2016 and 12/29/2017, respectively.
F2	As adjusted for 50:1 reverse stock split effected in 2015.
F3	In accordance with Rule 13d-3: (i) the shares reported in this report as acquired have previously been included in the amount of securities beneficially owned by the Reporting Person; and (ii) the total reported as beneficially owned includes 8,000 shares that the Reporting Person currently has the right to acquire.