Filing Details

Accession Number:
0001579252-15-000087
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-08-06 16:27:30
Reporting Period:
2015-08-06
Filing Date:
2015-08-06
Accepted Time:
2015-08-06 16:27:30
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
1639792 C Sarah Sutton 411 East Wisconsin Ave.
Suite 2100
Milwaukee WI 53202
Chief Financial Officer No Yes 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 2015-08-06 1,666 $5.90 1,666 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P 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 52,102 52,102 Direct
Common Stock Restricted Stock Units $0.00 60,785 60,785 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
52,102 52,102 Direct
60,785 60,785 Direct
Footnotes
  1. The time-vesting restricted stock units vest in equal one-half (1/2) installments on each of the first two (2) anniversaries following June 30, 2015, provided that the reporting person has not been terminated prior to the applicable vesting date.
  2. Provided that the reporting person has not been terminated prior to the applicable vesting date, the stock-price vesting restricted stock units vest in the following amounts if on any date between April 20, 2015 and June 30, 2017 the fair market value of Jason Industries, Inc.'s common stock: (i) equals or exceeds $12.00 in any twenty (20) trading days within a thirty (30) day period, then 15,196 of the stock price-vesting restricted stock units shall vest; (ii) equals or exceeds $13.50 in any twenty (20) trading days within a thirty (30) day period, then an additional 15,196 of the stock price-vesting restricted stock units shall vest (a total of 30,392 of the stock price-vesting restricted stock units);
  3. (Continued from footnote 2) (iii) equals or exceeds $15.00 in any twenty (20) trading days within a thirty (30) trading day period, then an additional 15,196 of the stock price-vesting restricted stock units shall vest (a total of 45,588 of the stock price-vesting restricted stock units); and (iv) equals or exceeds $17.00 in any twenty (20) trading days within a thirty (30) trading day period, then an additional 15,197 of the stock price-vesting restricted stock units shall vest (a total of 60,785 of the stock price-vesting restricted stock units). Any portion of the stock price-vesting restricted stock units that have not become fully vested on or prior to June 30, 2017 shall be cancelled and forfeited for no consideration.