SEC Form 4 · accession 0000950142-17-002204
J.Jill, Inc. · JILL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paula Bennett
Officer — President and CEO · Director
Period of report
Dec 14, 2017
Accepted (ET)
Dec 15, 2017 · 8:43 am EST
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,F2 | Dec 14, 2017 | P | 25,000 | $7.2779 | A | 468,746 | D | |
| Common StockF2,F3 | holding | — | — | — | 435,000 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 1,376,138 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $7.25 to $7.32, inclusive. The reporting person undertakes to provide to J.Jill, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in this footnote to this Form 4.
- F2The amounts shown in column 5 reflect certain changes in the form of the Reporting Person's beneficial ownership of the Issuer's common stock, par value $0.01 per share ("Common Stock"), since the Reporting Person's last report that were not otherwise reportable.
- F3The shares of Common Stock are held by the Paula L. Bennett Grantor Retained Annuity Trust (the "GRAT"). BNY Mellon Trust of Delaware is the trustee of the GRAT. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the inclusion of Common Stock held by the GRAT in this filing shall not be deemed an admission that Ms. Bennett is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of such Common Stock.
- F4The shares of Common Stock are held by the Paula L. Bennett 2015 Family Trust (the "Family Trust"). BNY Mellon Trust of Delaware is the trustee of the Family Trust. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, the inclusion of Common Stock held by the Family Trust in this filing shall not be deemed an admission that Ms. Bennett is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of such Common Stock.