Mark F. Murray - 31 Dec 2024 Form 4 Insider Report for JONES SODA CO (JSDA)

Role
Director
Signature
/s/ Brian Meadows, Attorney-in-Fact for Mark Murray
Issuer symbol
JSDA
Transactions as of
31 Dec 2024
Net transactions value
$0
Form type
4
Filing time
04 Jun 2025, 16:46:36 UTC
Previous filing
18 Oct 2024
Next filing
21 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Murray Mark F. Director 1522 WESTERN AVE., SUITE 24150, SEATTLE /s/ Brian Meadows, Attorney-in-Fact for Mark Murray 04 Jun 2025 0001824525

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JSDA Common Stock Options Exercise +118,097 +6.2% 2,032,383 31 Dec 2024 Direct F1

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 Restricted Stock Units Options Exercise $0 -118,097 -50% $0.000000 118,097 31 Dec 2024 Common Stock 118,097 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") converted into shares of the issuer's common stock on a one-for-one basis on the vesting date. RSUs do not require the holder to pay any consideration on vesting.
F2 Each RSU represents a contingent right to receive one (1) share of the issuer's common stock upon settlement.
F3 On June 26, 2024, the reporting person was granted 472,383 RSUs, of which 50% vested into shares on June 30, 2024, an additional 25% vested into shares on September 30, 2024, and the remaining 25% vested into shares on December 31, 2024. Upon vesting, the reporting person received a number of shares of the issuer's common stock equal to the number of RSUs that vest on that date.

Remarks:

Power of Attorney is attached to this Form 4 as Exhibit 24.