Chad Bronstein - 25 May 2023 Form 4 Insider Report for JONES SODA CO (JSDA)

Role
Director
Signature
/s/ Joe Culp, Attorney-in-Fact for Chad Bronstein
Issuer symbol
JSDA
Transactions as of
25 May 2023
Net transactions value
$0
Form type
4
Filing time
30 May 2023, 16:03:11 UTC
Previous filing
17 Feb 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 +300,000 $0.000000 300,000 25 May 2023 Common Stock 300,000 $0.2090 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) 100,000 Stock Options on January 2, 2024, (ii) 100,000 Stock Options on January 2, 2025, and (iii) the remaining 100,000 Stock Options on January 2, 2026.