SEC Form 4 · accession 0000899243-17-009921
J.Jill, Inc. · JILL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Eck
Director
Period of report
Apr 6, 2017
Accepted (ET)
Apr 10, 2017 · 8:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001687932
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 7, 2017 | J | 140 | — | A | 2,861 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Apr 6, 2017 | A | 4,846 | A | — | — | Common Stock | 4,846 | 4,846 | D |
Explanation of responses
- F1Reflects shares of common stock, par value $0.01 per share ("Common Stock"), of J.Jill, Inc. received by Mr. Eck, as a limited partner of JJill Topco Holdings, LP ("Topco"), in a pro rata distribution of Common Stock by Topco to its partners. All of these shares of Common Stock are subject to vesting until November 15, 2017.
- F2Each restricted stock unit represents a contingent right to receive one share of Common Stock of J.Jill, Inc.
- F3This grant of restricted stock units shall vest on the earlier of (x) November 7, 2017 or (y) the date of the consummation of a change in control of J.Jill, Inc. Each restricted stock unit shall be settled within 10 days following the vesting date.