Joseph Thibault - 14 Jul 2023 Form 4 Insider Report for JOANN Inc. (JOAN)

Role: SVP, Store Operations
Signature: /s/ Ann Aber, Attorney-in-Fact
Issuer symbol: JOAN
Transactions as of: 14 Jul 2023
Transactions value $: -$190
Form type: 4
Filing time: 17 Jul 2023, 17:10:50 UTC
Previous filing: 28 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JOAN	Common Stock	Options Exercise	$0	+542	+1.18%	$0.00	46.4K	14 Jul 2023	Direct
transaction	JOAN	Common Stock	Sale	-$190	-161	-0.35%	$1.18	46.3K	14 Jul 2023	Direct

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	JOAN	Restricted Stock Units	Options Exercise	$0	-542	-49.95%	$0.00	543	14 Jul 2023	Common Stock	542		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F2	The restricted stock units, originally granted with respect to 1,627 shares, vest and become exercisable in three equal installments beginning on July 14, 2022.