other material
confidence high
sentiment neutral
materiality 0.30
Jones Soda grants 1.8M RSUs to CEO, increases salaries for CFO and COO, awards bonuses and options
JONES SODA CO.
- CEO Mark Murray granted 1,800,000 RSUs vesting in three tranches: 600k on Feb 15, 2023, 600k on May 15, 2023, 600k on Aug 15, 2024.
- Interim CFO Joe Culp salary raised to $130,200/yr; COO Eric Chastain salary raised to $208,000/yr, retroactive to Jan 1, 2023.
- One-time cash bonuses: Murray $90,000, Chastain $36,000, Culp $16,200, payable by Feb 28, 2023.
- Chastain awarded 120,000 stock options; Culp awarded 72,000 stock options; exercise price $0.24 per share.