Heasley Linda 4
4 · J.Jill, Inc. · Filed Apr 17, 2019
Insider Transaction Report
Form 4
J.Jill, Inc.JILL
Heasley Linda
Director
Transactions
- Tax Payment
Common Stock
2019-04-16$5.13/sh−114,397$586,857→ 149,950.63 total - Exercise/Conversion
Common Stock
2019-04-16+252,251.67→ 264,347.63 total - Exercise/Conversion
Restricted Stock Units
2019-04-16−252,251.67→ 756,755 total→ Common Stock (252,251.67 underlying)
Footnotes (3)
- [F1]252,251.67 restricted stock units held by Ms. Heasley vested on April 16, 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 16, 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 Ms. Heasley 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.