4//SEC Filing
Jason Industries, Inc. 4
Accession 0001579252-15-000053
CIK 0001579252operating
Filed
Jul 8, 8:00 PM ET
Accepted
Jul 9, 4:32 PM ET
Size
13.7 KB
Accession
0001579252-15-000053
Insider Transaction Report
Form 4
HOTARD EDGAR GEORGE
Director
Transactions
- Award
Restricted Stock Units
2015-07-09+14,707→ 24,334 total→ Common Stock (14,707 underlying)
Holdings
- 53,800
Common Stock
- 84,341(indirect: See footnote)
Common Stock
- 23,000(indirect: See footnote)
Warrants
Exercise: $12.00From: 2014-08-14Exp: 2019-06-30→ Common Stock (23,000 underlying)
Footnotes (3)
- [F1]Reported securities are held by Hotard Family Interests, Ltd. Reporting person does not have voting or dispositive control over such securities and disclaims beneficial ownership except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that such reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F2]Each restricted stock unit represents a right to receive one share of Jason Industries, Inc. common stock, the cash equivalent of one share of Jason Industries, Inc. common stock or a combination thereof if certain conditions are satisfied.
- [F3]The restricted stock units vest on the one (1) year anniversary of the applicable grant date, assuming continued service. The board of directors or applicable committee of the board may, in its sole discretion, provide for accelerated vesting of the restricted stock units at any time and for any reason. Subject to the board or board committee's discretion to accelerate vesting, all unvested restricted stock units shall be immediately forfeited upon the reporting person's termination of service for any reason. Additionally, all restricted stock units shall become fully vested upon the occurrence of a change of control of Jason Industries, Inc., provided that the reporting person has not been terminated prior to such change of control. Vested restricted stock units will settle in the form of shares of common stock, cash or a combination thereof on the date that is six (6) months following the date of termination of service.
Issuer
Jason Industries, Inc.
CIK 0001579252
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001579252
Filing Metadata
- Form type
- 4
- Filed
- Jul 8, 8:00 PM ET
- Accepted
- Jul 9, 4:32 PM ET
- Size
- 13.7 KB