Clive Sirkin - May 25, 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
May 25, 2023
Transactions value $
$0
Form type
4
Date filed
5/30/2023, 04:02 PM
Previous filing
Feb 17, 2023
Next filing
Jun 28, 2024

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 +450K $0.00 450K May 25, 2023 Common Stock 450K $0.21 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock Options shall vest and become exercisable into shares of the Company's common stock in accordance with the following vesting schedule: (i) 150,000 Stock Options on January 2, 2024, (ii) 150,000 Stock Options on January 2, 2025, and (iii) the remaining 150,000 Stock Options on January 2, 2026.