4//SEC Filing
Murray Mark F. 4
Accession 0001437749-24-028765
CIK 0001083522other
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 4:23 PM ET
Size
12.6 KB
Accession
0001437749-24-028765
Insider Transaction Report
Form 4
JONES SODA COJSDA
Murray Mark F.
Director
Transactions
- Tax Payment
Common Stock
2024-08-15$0.44/sh−210,000$93,030→ 1,796,191 total - Exercise/Conversion
Restricted Stock Units
2024-08-15−600,000→ Common Stock (600,000 underlying) - Exercise/Conversion
Common Stock
2024-06-30+236,191→ 1,406,191 total - Exercise/Conversion
Common Stock
2024-08-15+600,000→ 2,006,191 total - Exercise/Conversion
Restricted Stock Units
2024-06-30−236,191→ Common Stock (236,191 underlying)
Footnotes (5)
- [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]The reported shares were withheld to cover the reporting person's tax liability in connection with the vesting of RSUs. These shares were not sold by the reporting person.
- [F3]Each RSU represents a contingent right to receive one (1) share of the issuer's common stock upon settlement.
- [F4]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% 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 the issuer's common stock equal to the number of RSUs that vest on that date.
- [F5]The reporting person was granted 1,800,000 RSUs on February 15, 2023 that vested into shares of the issuer's common stock on a one-for-one basis in accordance with the following vesting schedule: 600,000 RSUs on February 15, 2023, 600,000 RSUs on May 15, 2023, and the remaining 600,000 RSUs on August 15, 2024.
Documents
Issuer
JONES SODA CO
CIK 0001083522
Entity typeother
Related Parties
1- filerCIK 0001824525
Filing Metadata
- Form type
- 4
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 4:23 PM ET
- Size
- 12.6 KB