Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | JSDA | Restricted Stock Units | Award | $0 | +581K | $0.00 | 581K | Jun 26, 2024 | Common Stock | 581K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Jones Soda common stock. RSUs do not require the holder to pay any consideration on vesting. |
F2 | On June 26, 2024, the reporting person was granted 581,396 RSUs, of which 50% vest into shares on June 30, 2024, an additional 25% vest into shares on September 30, 2024, and the remaining 25% vest into shares on December 31, 2024. In the event of a change in control, all unvested RSUs will vest immediately. Upon vesting, the reporting person will receive a number of shares of Jones Soda common stock equal to the number of RSUs that vest on that date. |