Filing Details

Accession Number:
0001579252-18-000098
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-11-28 17:09:50
Reporting Period:
2018-11-26
Accepted Time:
2018-11-28 17:09:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1579252 Jason Industries Inc. JASN () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1316405 E James Hyman 833 East Michigan Street
Suite 900
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 2018-11-26 15,000 $2.02 15,000 No 4 P Indirect Nicholas Hyman Irrevocable Trust
Common Stock Acquisiton 2018-11-27 15,000 $2.05 15,000 No 4 P Indirect Eloise Madeline Hyman Irrevocable Trust
Common Stock Acquisiton 2018-11-27 5,000 $2.05 6,702 No 4 P Indirect Katharine Laura Susannah Hyman Irrevocable Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Nicholas Hyman Irrevocable Trust
No 4 P Indirect Eloise Madeline Hyman Irrevocable Trust
No 4 P Indirect Katharine Laura Susannah Hyman Irrevocable Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 33,000 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 77,630 77,630 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
77,630 77,630 Direct
Footnotes
  1. The Reporting Person maintains certain influence over the securities beneficially owned by the Trust. The Reporting Person disclaims beneficial ownership except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  2. 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.