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J.Jill, Inc. — Director's Dealing 2024
Apr 4, 2024
33449_dirs_2024-04-03_b93ef4bf-5619-4206-ab5a-d35028384224.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: J.Jill, Inc. (JILL)
CIK: 0001687932
Period of Report: 2024-04-01
Reporting Person: Webb Mark W. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-01 | Common Stock | M | 3077 | — | Acquired | 71799 | Direct |
| 2024-04-01 | Common Stock | F | 1365 | $31.97 | Disposed | 70434 | Direct |
| 2024-04-01 | Common Stock | M | 10375 | — | Acquired | 80809 | Direct |
| 2024-04-01 | Common Stock | F | 4602 | $31.97 | Disposed | 76207 | Direct |
| 2024-04-01 | Common Stock | A | 29211 | — | Acquired | 105418 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-01 | Restricted Stock Units | $ | M | 3077 | Disposed | Common Stock (3077) | Direct | |
| 2024-04-01 | Restricted Stock Units | $ | M | 10375 | Disposed | Common Stock (10375) | Direct | |
| 2024-04-01 | Performance Stock Units | $ | A | 29210 | Acquired | Common Stock (29210) | Direct |
Footnotes
F1: 3,077 restricted stock units ("RSUs") held by Mr. Webb vested on April 1, 2024 and were settled in exchange for a like amount of shares of common stock, par value $0.01 per share ("Common Stock") of J.Jill, Inc.
F2: Shares reported were withheld from Mr. Webb for the payment of taxes associated with the vesting of previously granted RSUs.
F3: 10,375 RSUs held by Mr. Webb vested on April 1, 2024, and were settled in exchange for a like amount of shares of Common Stock of J.Jill, Inc.
F4: Represents 29,211 RSUs granted to Mr. Webb on April 1, 2024 that will vest in equal installments on each April 1, 2025, April 1, 2026 and April 1, 2027 for an equal number of shares of Common Stock.
F5: Each RSU represents a contingent right to receive one share of Common Stock of J.Jill, Inc.
F6: This represents Mr. Webb's performance stock units that will be eligible for vesting based on achievement of absolute total shareholder return compound annual growth rate goals ("TSR PSUs") over a three-year performance period ending on January 30, 2027. Each TSR PSU represents the contingent right to receive, upon vesting, one share of Common Stock and the number of TSR PSUs reported represents the maximum possible number of shares of Common Stock that are eligible for vesting, which is 200% of the number of shares of Common Stock at target payout.