Mark F. Murray - 15 Aug 2022 Form 4 Insider Report for JONES SODA CO (JSDA)

Role: President and CEO, Director
Signature: /s/ Joe Culp, Attorney-in-Fact for Mark Murray
Issuer symbol: JSDA
Transactions as of: 15 Aug 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Aug 2022, 20:02:11 UTC
Previous filing: 02 Jun 2022
Next filing: 04 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JSDA	Common Stock	Options Exercise		+600,000	+133%		1,050,000	15 Aug 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	-600,000	-33%	$0.000000	1,200,000	15 Aug 2022	Common Stock	600,000		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 1,800,000 RSUs on May 27, 2022 that vest in equal installments on August 15, 2022, May 15, 2023, and August 15, 2024, respectively.