SEC Form 3 · accession 0001562762-18-000123
JONES SODA CO. · JSDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher E Beach
Director
Period of report
Mar 23, 2018
Accepted (ET)
Apr 4, 2018 · 4:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001083522
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 504,287 | I | By Hawksbill Holdings, LLLP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Subordinated Promissory NoteF1 | $0.32 | holding | — | — | — | Mar 23, 2018 | Mar 23, 2022 | Common Stock | — | — | I |
Explanation of responses
- F1Mr. Beach is the owner of Hawksbill Holdings, LLLP, which purchased a $500,000 convertible subordinated promissory note of the issuer, which accrues interest at a rate of 6.0% per annum with a four year term and a fixed conversion rate of $0.32 per share. Mr. Beach may convert, or cause to be converted, all or part of such convertible note into shares of common stock of the issuer at any time on or prior to the maturity date of the convertible note.