SEC Form 4 · accession 0001562762-18-000142
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
Apr 18, 2018
Accepted (ET)
Apr 20, 2018 · 3:58 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Subordinated Promissory NoteF1 | $0.32 | Apr 18, 2018 | A | 0 | A | Apr 18, 2018 | Apr 18, 2022 | Common Stock | — | 401,750 | D |
Explanation of responses
- F1Mr. Chastain purchased a $10,000 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. Chastain may convert 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.