SOL Global Investments Corp. - Mar 4, 2022 Form 4 Insider Report for JONES SODA CO (JSDA)

Role
10%+ Owner
Signature
/s/ Andrew DeFrancesco
Stock symbol
JSDA
Transactions as of
Mar 4, 2022
Transactions value $
-$530,301
Form type
4
Date filed
5/27/2022, 10:17 AM
Previous filing
Apr 19, 2022
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JSDA Common Shares Sale -$118K -200K -1.18% $0.59 16.7M Mar 4, 2022 SOL Verano Blocker 1 LLC F1, F2, F3
transaction JSDA Common Shares Purchase $2.78K +5K +0.03% $0.56 16.7M Mar 18, 2022 Held by SOL Verano Blocker 1 LLC F3, F4
transaction JSDA Common Shares Purchase $6.62K +12K +0.07% $0.55 16.8M Mar 22, 2022 Held by SOL Verano Blocker 1 LLC F3, F5
transaction JSDA Common Shares Purchase $6.6K +12K +0.07% $0.55 16.8M Mar 22, 2022 Held by SOL Verano Blocker 1 LLC F3
transaction JSDA Common Shares Purchase $13.9K +25K +0.15% $0.56 16.8M Mar 24, 2022 Held by SOL Verano Blocker 1 LLC F3, F6
transaction JSDA Common Shares Purchase $14K +25K +0.15% $0.56 16.8M Mar 25, 2022 Held by SOL Verano Blocker 1 LLC F3, F7
transaction JSDA Common Shares Sale -$521K -1M -5.95% $0.52 15.8M Mar 31, 2022 SOL Verano Blocker 1 LLC F3, F8, F9
transaction JSDA Common Shares Purchase $14.4K +41K +0.26% $0.35 15.9M Apr 22, 2022 SOL Verano Blocker 1 LLC F3, F10
transaction JSDA Common Shares Purchase $13.6K +40K +0.25% $0.34 15.9M Apr 22, 2022 SOL Verano Blocker 1 LLC F3, F11
transaction JSDA Common Shares Purchase $36.4K +114K +0.72% $0.32 16M Apr 22, 2022 SOL Verano Blocker 1 LLC F3
holding JSDA Common Shares 281K Mar 4, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person's sale of the Issuer's common stock reported herein was matchable under Section 16(b) of the Securities and Exchange Act of 1934, to the extent of 200,000 shares, with the reporting person's purchase of 114,185 shares at $0.319 on April 22, 2022, 40,000 shares at $0.34 on April 22, 2022, 41,000 shares at $0.35 on April 22, 2022, and 4,815 shares at $0.495 on January 28, 2022. The reporting person has agreed to pay to the Issuer $71,997.49, representing the total amount of the profit realized in connection with the short-swing transactions that occurred between March 4, 2022, and April 22, 2022, inclusive, less transaction costs.
F2 The reported sale price was converted from Canadian sale price of C$0.75 using an exchange rate of C$1.2750 = US$1.00.
F3 SOL Verano Blocker 1 LLC is a wholly-owned subsidiary of the reporting person.
F4 The reported purchase price was converted from Canadian purchase price of C$0.70 using an exchange rate of C$1.2617 = US$1.00.
F5 The reported purchase price was converted from Canadian purchase price of C$0.695 using an exchange rate of C$1.2588 = US$1.00.
F6 The reported purchase price was converted from Canadian purchase price of C$0.699 using an exchange rate of C$1.2545 = US$1.00.
F7 The reported purchase price was converted from Canadian purchase price of C$0.70 using an exchange rate of C$1.2502 = US$1.00.
F8 The reporting person's sale of the Issuer's common stock reported herein was matchable under Section 16(b) of the Securities and Exchange Act of 1934, to the extent of 1,000,000 shares, with the reporting person's purchase of 31,185 shares at $0.495 on January 28, 2022, and 968,815 shares at $0.50 on February 9, 2022. The reporting person has agreed to pay to the Issuer $71,997.49 representing the total amount of the profit realized in connection with the short-swing transactions that occurred between March 4, 2022, and April 22, 2022, inclusive, less transaction costs.
F9 The reported sale price was converted from the Canadian sale price of C$0.65 using an exchange rate of C$1.2470 = US$1.00.
F10 The reported purchase price was converted from the Canadian purchase price of C$0.44 using an exchange rate of C$1.2702 = US$1.00.
F11 The reported purchase price was converted from the Canadian purchase price of C$0.429 using an exchange rate of C$1.2702 = US$1.00.