Jamie Colbourne - 15 Feb 2023 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 Feb 2023
Net transactions value
$0
Form type
4
Filing time
17 Feb 2023, 20:05:30 UTC
Previous filing
04 Jan 2023
SEC
View on sec.gov

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 +750,000 $0.000000 750,000 15 Feb 2023 Common Stock 750,000 $0.2600 Direct F1
transaction JSDA Stock Option (right to buy) Award $0 +120,000 $0.000000 120,000 15 Feb 2023 Common Stock 120,000 $0.2600 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 250,000 of the shares subject to the option vest on February 15, 2023, and an additional 250,000 of the shares subject to the option vest on May 15, 2023, and the remaining 250,000 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.