Alex Spiro - May 16, 2022 Form 4 Insider Report for JONES SODA CO (JSDA)

Role
Director
Signature
/s/ Joe Culp, Attorney-In-Fact for Alex Spiro
Stock symbol
JSDA
Transactions as of
May 16, 2022
Transactions value $
$1,480
Form type
4
Date filed
5/24/2022, 09:16 PM
Previous filing
May 24, 2022
Next filing
Jun 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JSDA Common Stock Conversion of derivative security $401K +803K +967.42% $0.50 886K May 16, 2022 Direct F1

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 Convertible Debentures Conversion of derivative security -$400K 0 May 16, 2022 Common Stock $400K $0.50 Direct F1
transaction JSDA Warrants Conversion of derivative security +803K 803K May 16, 2022 Common Stock 803K $0.63 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents conversion of $400,000 in aggregate principal amount (plus accrued and unpaid interest) of unsecured 3% convertible debenture acquired by the reporting person on February 9, 2022, and reported on a Form 3/A filed with the Securities and Exchange Commission on May 23, 2022.