Ann Aber - 17 Mar 2023 Form 4 Insider Report for JOANN Inc. (JOAN)

Role
SVP, Chief Legal Officer & Sec
Signature
/s/ Ann Aber
Issuer symbol
JOAN
Transactions as of
17 Mar 2023
Net transactions value
-$1,943
Form type
4
Filing time
21 Mar 2023, 17:54:12 UTC
Previous filing
28 Feb 2023
Next filing
28 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOAN Common Stock Options Exercise $0 +2,430 +4% $0.000000 62,501 17 Mar 2023 Direct
transaction JOAN Common Stock Sale $1,943 -943 -1.5% $2.06 61,558 21 Mar 2023 Direct F1

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 Restricted Stock Units Options Exercise $0 -2,430 -50% $0.000000 2,431 17 Mar 2023 Common Stock 2,430 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan instructions adopted by the Reporting Person in the award agreement for the restricted stock units grant.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F3 The restricted stock units, originally granted with respect to 7,291 shares, vests and becomes exercisable in three equal annual installments beginning on March 17, 2022.