Wade D. Miquelon - Mar 17, 2023 Form 4 Insider Report for JOANN Inc. (JOAN)

Role: President & CEO, Director
Signature: /s/ Ann Aber, Attorney-in-Fact
Stock symbol: JOAN
Transactions as of: Mar 17, 2023
Transactions value $: -$8,573
Form type: 4
Date filed: 3/21/2023, 05:56 PM
Previous filing: Feb 28, 2023
Next filing: May 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JOAN	Common Stock	Options Exercise	$0	+12.9K	+3.2%	$0.00	416K	Mar 17, 2023	Direct
transaction	JOAN	Common Stock	Tax liability	-$8.57K	-3.88K	-0.93%	$2.21	412K	Mar 17, 2023	Direct

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	-12.9K	-49.99%	$0.00	12.9K	Mar 17, 2023	Common Stock	12.9K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F2	The restricted stock units, originally granted with respect to 38,671 shares, vests and becomes exercisable in three equal annual installments beginning on March 17, 2022.