Filing Details

Accession Number:
0001209191-22-020436
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-21 21:14:35
Reporting Period:
2022-03-17
Accepted Time:
2022-03-21 21:14:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1834585 Joann Inc. JOAN Retail-Miscellaneous Shopping Goods Stores (5940) 461095540
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1847593 Varadheesh Chennakrishnan C/O Joann Inc.
5555 Darrow Road
Hudson OH 44236
Svp, Chief Information Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-03-17 2,874 $0.00 27,465 No 4 M Direct
Common Stock Disposition 2022-03-18 906 $11.94 26,559 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Disposition 2022-03-17 2,874 $0.00 5,751 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,751 No 4 M Direct
Footnotes
  1. 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.
  2. 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.
  3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
  4. 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.