secwatch.observer — SEC 8-K summary
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Issuer:     JONES SODA CO. (JSDA)
CIK:        0001083522
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001437749-23-004185
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Jones Soda grants 1.8M RSUs to CEO, increases salaries for CFO and COO, awards bonuses and options
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083522/000143774923004185/0001437749-23-004185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083522/000143774923004185/jsda20230222_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-004185

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer