CLIVE SIRKIN - 15 Feb 2022 Form 4 Insider Report for JONES SODA CO (JSDA)

Role: Director
Signature: /s/ Joe Culp, Attorney-in-Fact for Clive M. Sirkin
Issuer symbol: JSDA
Transactions as of: 15 Feb 2022
Transactions value $: $200,000
Form type: 4
Filing time: 03 Mar 2022, 18:19:07 UTC
Previous filing: 14 Jan 2022
Next filing: 19 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JSDA	Common Stock	Award	$200K	+400K	+26.33%	$0.50	1.92M	15 Feb 2022	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	JSDA	Share Purchase Special Warrant	Award	$0	+400K		$0.00	400K	15 Feb 2022	Common Stock	400K	$0.63	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The share purchase special warrants shall only become exercisable upon the Company increasing its authorized capital to an amount to cover the aggregate number of shares of the Company's Common Stock issuable pursuant to all of the Company's outstanding share purchase special warrants as well as the other shares of the Company's Common Stock issuable pursuant to the then outstanding convertible/exercisable securities of the Company.

Content

The share purchase special warrants shall only become exercisable upon the Company increasing its authorized capital to an amount to cover the aggregate number of shares of the Company's Common Stock issuable pursuant to all of the Company's outstanding share purchase special warrants as well as the other shares of the Company's Common Stock issuable pursuant to the then outstanding convertible/exercisable securities of the Company.