Filing Details

Accession Number:
0001579252-15-000116
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-04 16:17:24
Reporting Period:
2015-11-03
Filing Date:
2015-11-04
Accepted Time:
2015-11-04 16:17:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1579252 Jason Industries Inc. JASN Miscellaneous Manufacturing Industries (3990) 462888322
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1213693 I Mitchell Quain 411 East Wisconsin Avenue
Suite 2100
Milwaukee WI 53202
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-11-03 10,000 $4.00 13,000 No 4 P Indirect By IRA
Common Stock Acquisiton 2015-11-03 40,000 $4.05 52,900 No 4 P Indirect By Profit Sharing Account
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By IRA
No 4 P Indirect By Profit Sharing Account
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 15,888 15,888 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
15,888 15,888 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.75 to $4.105. 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 the weighted average price.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.74 to $4.15. 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 the weighted average price.
  3. Each restricted stock unit represents a right to receive one share of Jason Industries, Inc. common stock, the cash equivalent of one share of Jason Industries, Inc. common stock or a combination thereof if certain conditions are satisfied.
  4. The restricted stock units vest on the one (1) year anniversary of the applicable grant date, assuming continued service. The board of directors or applicable committee of the board may, in its sole discretion, provide for accelerated vesting of the restricted stock units at any time and for any reason. Subject to the board or board committee's discretion to accelerate vesting, all unvested restricted stock units shall be immediately forfeited upon the reporting person's termination of service for any reason. Additionally, all restricted stock units shall become fully vested upon the occurrence of a change of control of Jason Industries, Inc., provided that the reporting person has not been terminated prior to such change of control. Vested restricted stock units will settle in the form of shares of common stock, cash or a combination thereof on the date that is six (6) months following the date of termination of service.