Clive Sirkin - Feb 15, 2023 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
Feb 15, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 08:03 PM
Previous filing
Jan 4, 2023
Next filing
May 30, 2023

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 Stock Option (right to buy) Award $0 +420K $0.00 420K Feb 15, 2023 Common Stock 420K $0.26 Direct F1
transaction JSDA Stock Option (right to buy) Award $0 +120K $0.00 120K Feb 15, 2023 Common Stock 120K $0.26 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 140,000 of the shares subject to the option vest on February 15, 2023, and an additional 140,000 of the shares subject to the option vest on May 15, 2023, and the remaining 140,000 of the shares subject to the option vest on August 15, 2024.
F2 40,000 of the shares subject to the option vest on February 15, 2023, and an additional 40,000 of the shares subject to the option vest on February 15, 2024, and the remaining 40,000 of the shares subject to the option vest on February 15, 2025.