John J. Yoon - 17 Mar 2022 Form 4 Insider Report for JOANN Inc.

Reporting relationship: Director, 10%+ Owner
Issuer ticker: N/A
Reported as of: 17 Mar 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 21 Mar 2022, 21:20:28 UTC
Prior SEC filing: 14 Sep 2021
Source filing: View source filing
Reporting owner signature: /s/ Andrew Goldberg, attorney-in-fact

Key filing fact

John J. Yoon filed Form 4 for JOANN Inc. on 21 Mar 2022.

Key facts

This page summarizes John J. Yoon's Form 4 filing for JOANN Inc..
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 21 Mar 2022, 21:20.

Change

Previous filing in this sequence was filed on 14 Sep 2021.
Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

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: +7,812
Change %
Price: $0.000000
Shares after: 7,812
Date: 17 Mar 2022
Ownership: Direct
Footnotes: F1

JOAN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 27,827,357
Date: 17 Mar 2022
Ownership: See footnote.
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

JOAN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -7,812
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 17 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,812
Exercise price
Footnotes: F1, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The shares of common stock reported on this row are held by Mr. Yoon for the benefit of Leonard Green & Partners, L.P. Mr. Yoon disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Footnote F2

Represents shares of common stock owned by Green Equity Investors CF, L.P. ("Main CF"), Green Equity Investors Side CF, L.P. ("Side CF"), and LGP Associates CF, LLC ("Associates CF"). Of the shares of common stock reported, 20,436,421 are held by Main CF, 7,293,957 are held by Side CF, and 96,979 are held by Associates CF.

Footnote F3

Mr. Yoon directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares of common stock owned by Main CF, Side CF, and Associates CF. Mr. Yoon disclaims beneficial ownership of the shares of common stock reported herein except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Footnote F4

Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

Footnote F5

The restricted stock units vest and become exercisable on March 17, 2022.