John Eidinger - 31 Mar 2022 Form 4 Insider Report for JANEL CORP (JANL)

Role: 10%+ Owner
Signature: /s/ John Eidinger
Issuer symbol: JANL
Transactions as of: 31 Mar 2022
Transactions value $: $3,064,635
Form type: 4
Filing time: 01 Apr 2022, 15:31:41 UTC
Next filing: 12 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JANL	Common Stock	Other	$3.06M	+65.2K	+61.81%	$47.00	171K	31 Mar 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The Reporting Person held 4,904 shares of the Issuer's Series C Cumulative Preferred Stock with an original issuance price of $2,452,500 plus accrued dividends of $612,148. The Reporting Person agreed to surrender his shares of Series C Cumulative Preferred Stock plus the accrued dividends in exchange for shares of the Issuer's Common Stock valued at $47.00, the closing price for the Common Stock on March 30, 2022.

Content

The Reporting Person held 4,904 shares of the Issuer's Series C Cumulative Preferred Stock with an original issuance price of $2,452,500 plus accrued dividends of $612,148. The Reporting Person agreed to surrender his shares of Series C Cumulative Preferred Stock plus the accrued dividends in exchange for shares of the Issuer's Common Stock valued at $47.00, the closing price for the Common Stock on March 30, 2022.