Clive Sirkin - Aug 15, 2022 Form 4 Insider Report for JONES SODA CO (JSDA)

Role
Director
Signature
/s/ Joe Culp, Attorney-in-Fact for Clive M. Sirkin
Stock symbol
JSDA
Transactions as of
Aug 15, 2022
Transactions value $
$0
Form type
4
Date filed
8/17/2022, 08:01 PM
Previous filing
Jun 2, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JSDA Common Stock Options Exercise +140K +7% 2.14M Aug 15, 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 Restricted Stock Units Options Exercise $0 -140K -25.93% $0.00 400K Aug 15, 2022 Common Stock 140K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") converted into shares of common stock on a one-for-one basis.
F2 The reporting person was granted 540,000 RSUs on May 27, 2022 that vest into shares of the issuer's common stock on a one-for-one basis in accordance with the following vesting schedule: 140,000 RSUs on August 15, 2022, 40,000 RSUs on February 15, 2023, 140,000 RSUs on May 15, 2023, 40,000 RSUs on February 15, 2024, 140,000 RSUs on August 15, 2024 and the remaining 40,000 RSUs on February 15, 2025.