SEC Form 4 · accession 0001579252-17-000020
Jason Industries, Inc. · JASN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Kobylinski
Officer — President & CEO
Period of report
Mar 8, 2017
Accepted (ET)
Mar 10, 2017 · 4:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001579252
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 8, 2017 | P | 30,000 | $1.4172 | A | 110,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | — | Mar 10, 2017 | A | 30,000 | A | — | — | Common Stock | 30,000 | 110,000 | D |
| Restricted Stock UnitsF2 | — | holding | — | — | — | — | — | Common Stock | 59,381 | 59,381 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.36 to $1.45. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- F2The time-vesting restricted stock units vest in equal one-third (1/3) installments on each of the first three (3) anniversaries following April 27, 2016, provided that the reporting person has not been terminated prior to the applicable vesting date.
- F3The cliff-vesting restricted stock units vest on the third anniversary of the applicable grant date, provided that the reporting person has not been terminated or the restricted stock units have not previously been forfeited prior to the vesting date.