John Eidinger - Mar 31, 2022 Form 4 Insider Report for JANEL CORP (JANL)

Role
10%+ Owner
Signature
/s/ John Eidinger
Stock symbol
JANL
Transactions as of
Mar 31, 2022
Transactions value $
$3,064,635
Form type
4
Date filed
4/1/2022, 03:31 PM
Next filing
Aug 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JANL Common Stock Other $3.06M +65.2K +61.81% $47.00 171K Mar 31, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person held 4,904 shares of the Issuer's Series C Cumulative Preferred Stock with an original issuance price of $2,452,500 plus accrued dividends of $612,148. The Reporting Person agreed to surrender his shares of Series C Cumulative Preferred Stock plus the accrued dividends in exchange for shares of the Issuer's Common Stock valued at $47.00, the closing price for the Common Stock on March 30, 2022.