Matthew B. Susz - Dec 8, 2021 Form 4 Insider Report for JOANN Inc. (JOAN)

Role
SVP, Chief Financial Officer
Signature
/s/ Ann Aber, Attorney-in-Fact
Stock symbol
JOAN
Transactions as of
Dec 8, 2021
Transactions value $
-$328,144
Form type
4
Date filed
12/9/2021, 07:11 PM
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOAN Common Stock Options Exercise $478K +117K +781.51% $4.08 132K Dec 8, 2021 Direct
transaction JOAN Common Stock Sale -$778K -78.6K -59.46% $9.90* 53.6K Dec 8, 2021 Direct F1
transaction JOAN Common Stock Sale -$28K -2.62K -4.89% $10.70* 51K Dec 9, 2021 Direct F2

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 JOAN Stock Option Options Exercise $0 -117K -100% $0.00* 0 Dec 8, 2021 Common Stock 117K $4.08 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.75 to $10.24, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.63 to $10.775, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F3 The stock option is fully vested and exercisable.