Robert Wesley Blair - 02 Nov 2021 Form 4 Insider Report for JONES SODA CO (JSDA)

Role
Chief Marketing Officer
Signature
/s/ Joe Culp, Attorney-In-Fact
Issuer symbol
JSDA
Transactions as of
02 Nov 2021
Net transactions value
$0
Form type
4
Filing time
12 Nov 2021, 17:18:06 UTC
Previous filing
12 Nov 2021
SEC
View on sec.gov

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 JSDA Stock Option (right to buy) Award $0 -300,000 -50% $0.000000 300,000 02 Nov 2021 Common Stock 300,000 $0.8800 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option vests over three years, with 100,000 shares vesting upon the one-year anniversary of the date of grant and an additional 100,000 shares vesting on each one-year anniversary thereafter (subject to employee's continuous service with the Company through each such vesting date).