Biese David 4
4 · J.Jill, Inc. · Filed Apr 11, 2019
Insider Transaction Report
Form 4
J.Jill, Inc.JILL
Biese David
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2019-04-09+15,708.33→ 378,037.33 total - Tax Payment
Common Stock
2019-04-09$5.21/sh−4,499$23,440→ 373,538.33 total - Exercise/Conversion
Restricted Stock Units
2019-04-09−15,708.33→ 47,125 total→ Common Stock (15,708.33 underlying)
Footnotes (3)
- [F1]15,708.33 restricted stock units held by Mr. Biese vested on April 9, 2019 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. Represents restricted stock units granted on April 9, 2018 which vest in four equal installments over a four year period on each anniversary of the grant date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Common Stock of J.Jill, Inc.
- [F3]Includes restricted stock units credited to Mr. Biese as an equitable adjustment required by the terms of the award agreement for the restricted stock units in connection with a special cash dividend paid by J.Jill, Inc. on April 1, 2019.