SEC Form 4 · accession 0001083522-15-000055
JONES SODA CO. · JSDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Chastain
Officer — Chief Operating Officer
Period of report
Nov 18, 2015
Accepted (ET)
Nov 20, 2015 · 4:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001083522
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $0.41 | Nov 18, 2015 | A | 100,000 | A | — | Nov 18, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1(a) 50,000 shares underlying this option grant will vest on March 31, 2017 if certain performance targets are met and (b) 50,000 shares underlying this option grant will vest on the standard vesting schedule at the rate of 25% on the one-year anniversary of the date of grant and an additional 1/48th each additional one-month period thereafter.