4//SEC Filing
Chennakrishnan Varadheesh 4
Accession 0001209191-22-020436
CIK 0001834585other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 9:14 PM ET
Size
9.4 KB
Accession
0001209191-22-020436
Insider Transaction Report
Form 4
JOANN Inc.JOAN
Chennakrishnan Varadheesh
SVP, CIO
Transactions
- Exercise/Conversion
Common Stock
2022-03-17+2,874→ 27,465 total - Exercise/Conversion
Restricted Stock Unit
2022-03-17−2,874→ 5,751 total→ Common Stock (5,751 underlying) - Sale
Common Stock
2022-03-18$11.94/sh−906$10,821→ 26,559 total
Footnotes (4)
- [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]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.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [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.
Documents
Issuer
JOANN Inc.
CIK 0001834585
Entity typeother
Related Parties
1- filerCIK 0001847593
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 9:14 PM ET
- Size
- 9.4 KB