Colbourne Jamie 4
4 · JONES SODA CO · Filed Jun 2, 2022
Insider Transaction Report
Form 4
JONES SODA COJSDA
Colbourne Jamie
Chief Executive Officer
Transactions
- Award
Restricted Stock Units
2022-05-27+660,000→ 870,000 totalExp: 2032-05-27→ Common Stock (660,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the issuer's common stock on the applicable vesting date.
- [F2]The RSUs vest into shares of the issuer's common stock on a one-for-one basis in accordance with the following vesting schedule: 180,000 on August 15, 2022, 40,000 RSUs on February 15, 2023, 180,000 May 15, 2023, 40,000 RSUs on February 15, 2024, 180,000, on August 15, 2024 and the remaining 40,000 RSUs on February 15, 2025. All RSUs will immediately vest upon the occurrence of a "Change in Control" as defined in the issuer's 2022 Omnibus Equity Incentive Plan.