4//SEC Filing
Jason Industries, Inc. 4
Accession 0001579252-15-000131
CIK 0001579252operating
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 6:44 PM ET
Size
10.6 KB
Accession
0001579252-15-000131
Insider Transaction Report
Form 4
Hyman James E
Director
Transactions
- Purchase
Common Stock
2015-12-14$3.12/sh+9,000$28,080→ 9,000 total
Holdings
- 15,888
Restricted Stock Units
→ Common Stock (15,888 underlying)
Footnotes (2)
- [F1]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.
- [F2]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, 6:44 PM ET
- Size
- 10.6 KB