Robert Will - Mar 17, 2023 Form 4 Insider Report for JOANN Inc. (JOAN)

Signature
/s/ Ann Aber, Attorney-in-Fact
Stock symbol
JOAN
Transactions as of
Mar 17, 2023
Transactions value $
-$2,635
Form type
4
Date filed
3/21/2023, 05:57 PM
Previous filing
Feb 28, 2023
Next filing
Jun 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOAN Common Stock Options Exercise $0 +3.3K +2.96% $0.00 115K Mar 17, 2023 Direct
transaction JOAN Common Stock Sale -$2.63K -1.28K -1.12% $2.06 113K Mar 21, 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 Unit Options Exercise $0 -3.3K -49.99% $0.00 3.3K Mar 17, 2023 Common Stock 3.3K 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 9,895 shares, vests and becomes exercisable in three equal annual installments beginning on March 17, 2022.