Jones Soda grants CFO 750,000 stock options
Jones Soda Co. plans to grant its Chief Financial Officer, Brian Meadows, options to purchase 750,000 common shares under its 2022 Omnibus Equity Incentive Plan.
Rhea-AI Filing Summary
Jones Soda Co. plans to grant its Chief Financial Officer, Brian Meadows, options to purchase 750,000 common shares under its 2022 Omnibus Equity Incentive Plan. The grant is contingent on the company completing certain designated milestones.
The stock options will be formally granted within 30 days after the Board of Directors confirms that all milestones have been met. They will vest over three years with annual cliff vesting, so one-third of the options vest on each anniversary of the grant date if Mr. Meadows remains employed through each vesting date.
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8-K Event Classification
FAQ
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What executive compensation change did Jones Soda (JSDA) disclose in this 8-K?
How many stock options will Jones Soda (JSDA) grant to CFO Brian Meadows?
What are the vesting terms of the new Jones Soda (JSDA) CFO stock options?
When will the Jones Soda (JSDA) CFO stock options be formally granted?
What conditions must be met for the Jones Soda (JSDA) CFO options to vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.