4//SEC Filing
Jason Industries, Inc. 4
Accession 0001579252-15-000130
CIK 0001579252operating
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 6:43 PM ET
Size
12.7 KB
Accession
0001579252-15-000130
Insider Transaction Report
Form 4
Rutledge John
Director
Transactions
- Purchase
Common Stock
2015-12-14$3.11/sh+8,000$24,865→ 17,000 total(indirect: By IRA)
Holdings
- 90,470
Common Stock
- 24,334
Restricted Stock Units
→ Common Stock (24,334 underlying) - 10,000
Warrants
Exercise: $12.00From: 2014-08-14Exp: 2019-06-30→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.10 to $3.118. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [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
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 6:43 PM ET
- Size
- 12.7 KB