Thomas A. Szlosek - 12 Nov 2021 Form 4 Insider Report for Janus International Group, Inc. (JBI)

Role: Director
Signature: /s/ Scott Sannes, as Attorney-in-Fact for Thomas A. Szlosek
Issuer symbol: JBI
Transactions as of: 12 Nov 2021
Net transactions value: $0
Form type: 4
Filing time: 16 Nov 2021, 16:03:51 UTC
Previous filing: 07 Jun 2021
Next filing: 06 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JBI	Common Stock, par value $0.0001 per share ("Common Stock")	Options Exercise	$0	+125,000	+238%	$0.000000	177,463	12 Nov 2021	Direct	F1, F2
transaction	JBI	Common Stock	Tax liability	$0	-87,500	-49%	$0.000000	89,963	12 Nov 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	JBI	Warrants	Options Exercise	$0	-125,000	-100%	$0.000000^*	0	12 Nov 2021	Common Stock	125,000	$11.50	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On October 13, 2021, Janus International Group, Inc. ("Janus") delivered a notice of redemption to holders of all outstanding warrants (the "Warrants") to purchase shares of Common Stock, par value $0.0001 per share (the "Common Stock"). Pursuant to the terms of the outstanding warrant agreements applicable to the Warrants, the Reporting Person elected to exercise all Warrants on a cashless basis.
F2	Prior to giving effect to the transaction, the reported securities included 52,463 shares of Common Stock and 125,000 Warrants held by Juniper Industrial Sponsor, LLC (the "Sponsor"). The Reporting Person received such securities through Sponsor's pro rata distribution of all its holdings to its members for no consideration.

Content

On October 13, 2021, Janus International Group, Inc. ("Janus") delivered a notice of redemption to holders of all outstanding warrants (the "Warrants") to purchase shares of Common Stock, par value $0.0001 per share (the "Common Stock"). Pursuant to the terms of the outstanding warrant agreements applicable to the Warrants, the Reporting Person elected to exercise all Warrants on a cashless basis.

Prior to giving effect to the transaction, the reported securities included 52,463 shares of Common Stock and 125,000 Warrants held by Juniper Industrial Sponsor, LLC (the "Sponsor"). The Reporting Person received such securities through Sponsor's pro rata distribution of all its holdings to its members for no consideration.