Clive M. Sirkin - 31 Dec 2024 Form 4 Insider Report for JONES SODA CO (JSDA)

Role
Director
Signature
/s/ Brian Meadows, Attorney-in-Fact for Clive Sirkin
Issuer symbol
JSDA
Transactions as of
31 Dec 2024
Net transactions value
$0
Form type
4
Filing time
04 Jun 2025, 16:56:35 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
SIRKIN CLIVE M Director 1522 WESTERN AVE., SUITE 24150, SEATTLE /s/ Brian Meadows, Attorney-in-Fact for Clive Sirkin 04 Jun 2025 0001673527

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JSDA Common Stock Options Exercise +145,349 +6% 2,581,605 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 -145,349 -50% $0.000000 145,349 31 Dec 2024 Common Stock 145,349 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 581,394 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.