Beitler Brian 4
4 · J.Jill, Inc. · Filed Sep 11, 2019
Insider Transaction Report
Form 4
J.Jill, Inc.JILL
Beitler Brian
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2019-09-10+26,112.08→ 51,112.08 total - Exercise/Conversion
Restricted Stock Units
2019-09-10+26,112.08→ 78,337 total→ Common Stock (26,112.08 underlying) - Tax Payment
Common Stock
2019-09-10$1.75/sh−7,678$13,437→ 43,434.08 total
Footnotes (3)
- [F1]Represents restricted stock units granted on September 10, 2018 which vest in four equal installments over a four year period on each anniversary of the grant date. Of these, 26,112.08 restricted stock units held by Mr. Beitler vested on September 10, 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.
- [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. Beitler 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.