Form 4 for JILL J.Jill, Inc.
Accepted 2024-04-03 00:00:00 ET · period of report 2024-04-01 · accession 0000950170-24-041578 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-04-03 | 2024-04-01 | JILL | Spofford Claire | Pres, CEO, Dir | M - OptEx | — | +25.6K | 194.6K | +15% | — |
| DM | 2024-04-03 | 2024-04-01 | JILL | Spofford Claire | Pres, CEO, Dir | F - Tax | $31.97 | -12.4K | 174.8K | -7% | -$396.0K |
| D | 2024-04-03 | 2024-04-01 | JILL | Spofford Claire | Pres, CEO, Dir | A - Grant | $0.00 | +31.0K | 216.1K | +17% | $0 |
| DM | 2024-04-03 | 2024-04-01 | JILL | Spofford Claire | Pres, CEO, Dir | M - OptEx | $0.00 | -25.6K | 19.8K | -56% | $0 |
| D | 2024-04-03 | 2024-04-01 | JILL | Spofford Claire | Pres, CEO, Dir | A - Grant | $0.00 | +31.0K | 31.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-04-01 | M | A | 5,855 | — | 177,665 | D | — | — | (F1) 5,855 restricted stock units ("RSUs") held by Ms. Spofford 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. |
| 2 | Common | Common Stock | 2024-04-01 | F | D | 9,555 | $31.97 | 185,041 | D | — | — | (F2) Shares reported were withheld from Ms. Spofford for the payment of taxes associated with the vesting of previously granted RSUs. |
| 3 | Common | Common Stock | 2024-04-01 | M | A | 19,762 | — | 194,596 | D | — | — | (F3) 19,762 RSUs held by Ms. Spofford vested on April 1, 2024, and were settled in exchange for a like amount of shares of Common Stock of J.Jill, Inc. |
| 4 | Common | Common Stock | 2024-04-01 | A | A | 31,027 | $0.00 | 216,068 | D | — | — | (F4) Represents 31,027 RSUs granted to Ms. Spofford 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. |
| 5 | Common | Common Stock | 2024-04-01 | F | D | 2,831 | $31.97 | 174,834 | D | — | — | (F2) Shares reported were withheld from Ms. Spofford for the payment of taxes associated with the vesting of previously granted RSUs. |
| 6 | Derivative | Restricted Stock Units | 2024-04-01 | M | D | 5,855 | $0.00 | 11,708 | D | — · — to — | 5,855 Common Stock | (F5) Each RSU represents a contingent right to receive one share of Common Stock of J.Jill, Inc. (F1) 5,855 restricted stock units ("RSUs") held by Ms. Spofford 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. |
| 7 | Derivative | Performance Stock Units | 2024-04-01 | A | A | 31,026 | $0.00 | 31,026 | D | — · — to — | 31,026 Common Stock | (F6) This represents Ms. Spofford'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. |
| 8 | Derivative | Restricted Stock Units | 2024-04-01 | M | D | 19,762 | $0.00 | 19,762 | D | — · — to — | 19,762 Common Stock | (F5) Each RSU represents a contingent right to receive one share of Common Stock of J.Jill, Inc. (F3) 19,762 RSUs held by Ms. Spofford vested on April 1, 2024, and were settled in exchange for a like amount of shares of Common Stock of J.Jill, Inc. |