Matthew B. Susz - 08 Dec 2021 Form 4 Insider Report for JOANN Inc.

Signature
/s/ Ann Aber, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
08 Dec 2021
Net transactions value
-$328,144
Form type
4
Filing time
09 Dec 2021, 19:11:10 UTC
Next filing
28 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOAN Common Stock Options Exercise $478,286 +117,227 +782% $4.08 132,227 08 Dec 2021 Direct
transaction JOAN Common Stock Sale $778,407 -78,627 -59% $9.90* 53,600 08 Dec 2021 Direct F1
transaction JOAN Common Stock Sale $28,023 -2,619 -4.9% $10.70* 50,981 09 Dec 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 -117,227 -100% $0.000000* 0 08 Dec 2021 Common Stock 117,227 $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.