Key facts
- This page summarizes Varadheesh Chennakrishnan's Form 4 filing for JOANN Inc..
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Mar 2022, 21:14.
Varadheesh Chennakrishnan - 17 Mar 2022 Form 4 Insider Report for JOANN Inc.
- Reporting relationship
- SVP, Chief Information Officer
- Issuer ticker
- N/A
- Reported as of
- 17 Mar 2022
- Net transaction value
- -$10,821
- SEC form
- 4
- Accepted by SEC
- 21 Mar 2022, 21:14:35 UTC
- Prior SEC filing
- 28 Feb 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Ann Aber, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Varadheesh Chennakrishnan filed Form 4 for JOANN Inc. on 21 Mar 2022.
Change
- Previous filing in this sequence was filed on 28 Feb 2022.
- Current net transaction value: -$10,821.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
JOAN
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +2,874
- Change %
- +12%
- Price
- $0.000000
- Shares after
- 27,465
- Date
- 17 Mar 2022
- Ownership
- Direct
JOAN
transaction
Common Stock
Sale
- Transaction value
- $10,821
- Shares
- -906
- Change %
- -3.3%
- Price
- $11.94*
- Shares after
- 26,559
- Date
- 18 Mar 2022
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
JOAN
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -2,874
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 5,751
- Date
- 17 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,751
- Exercise price
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote 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.
Footnote F2
This is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.91 to $12.35, 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 the disclosed price range.
Footnote F3
Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
Footnote F4
The restricted stock units, originally granted with respect to 8,625 shares, vests and becomes exercisable in three equal annual installments beginning on March 17, 2022.