Jamie Colbourne - 15 Aug 2022 Form 4 Insider Report for JONES SODA CO (JSDA)

Role
Director
Signature
/s/ Joe Culp, Attorney-in-Fact for Jamie Colbourne
Issuer symbol
JSDA
Transactions as of
15 Aug 2022
Net transactions value
$0
Form type
4
Filing time
17 Aug 2022, 20:02:15 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 +250,000 +62% 650,000 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 -180,000 -27% $0.000000 480,000 15 Aug 2022 Common Stock 180,000 Direct F1, F2
transaction JSDA Restricted Stock Units Options Exercise $0 -70,000 -33% $0.000000 140,000 15 Aug 2022 Common Stock 70,000 Direct F1, F3
* 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 660,000 restricted stock units 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: 180,000 RSUs on August 15, 2022, 40,000 RSUs on February 15, 2023, 180,000 May 15, 2023, 40,000 RSUs on February 15, 2024, 180,000, on August 15, 2024 and the remaining 40,000 RSUs on February 15, 2025.
F3 The reporting person was granted 210,000 RSUs on May 13, 2022 that vest in equal installments on August 15, 2022, May 15, 2023, and August 15, 2024, respectively, subject to the reporting person continuing to be a member of the Board of Directors as of such date