Home/Filings/4/0001579252-18-000098
4//SEC Filing

Hyman James E 4

Accession 0001579252-18-000098

CIK 0001579252other

Filed

Nov 27, 7:00 PM ET

Accepted

Nov 28, 5:09 PM ET

Size

11.1 KB

Accession

0001579252-18-000098

Insider Transaction Report

Form 4
Period: 2018-11-26
Transactions
  • Purchase

    Common Stock

    2018-11-26$2.02/sh+15,000$30,30015,000 total(indirect: By Trust)
  • Purchase

    Common Stock

    2018-11-27$2.05/sh+15,000$30,75015,000 total(indirect: By Trust)
  • Purchase

    Common Stock

    2018-11-27$2.05/sh+5,000$10,2506,702 total(indirect: By Trust)
Holdings
  • Common Stock

    33,000
  • Restricted Stock Units

    Common Stock (77,630 underlying)
    77,630
Footnotes (2)
  • [F1]The Reporting Person maintains certain influence over the securities beneficially owned by the Trust. The Reporting Person disclaims beneficial ownership except to the extent of its pecuniary interest therein, and 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]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 typeother

Related Parties

1
  • filerCIK 0001316405

Filing Metadata

Form type
4
Filed
Nov 27, 7:00 PM ET
Accepted
Nov 28, 5:09 PM ET
Size
11.1 KB