Reichman Gregg 4
4 · JONES SODA CO · Filed Jun 28, 2024
Insider Transaction Report
Form 4
JONES SODA COJSDA
Reichman Gregg
Director
Transactions
- Award
Restricted Stock Units
2024-06-26+581,394→ 581,394 total→ Common Stock (581,394 underlying)
Footnotes (2)
- [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.