Sec Form 4 Filing - BENNETT PAULA @ J.Jill, Inc. - 2017-12-14

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
BENNETT PAULA
2. Issuer Name and Ticker or Trading Symbol
J.Jill, Inc. [ JILL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
C/O J.JILL, INC., 4 BATTERYMARCH PARK
3. Date of Earliest Transaction (MM/DD/YY)
12/14/2017
(Street)
QUINCY, MA02169
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/14/2017 P 25,000 A $ 7.2779 ( 1 ) 468,746 ( 2 ) D
Common Stock 435,000 ( 2 ) I See Footnote ( 3 )
Common Stock 1,376,138 I See Footnote ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BENNETT PAULA
C/O J.JILL, INC.
4 BATTERYMARCH PARK
QUINCY, MA02169
X President and CEO
Signatures
/s/ Vijay Moses, Attorney-in-Fact 12/15/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The 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.
( 2 )The 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.
( 3 )The 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.
( 4 )The 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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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