Filing Details

Accession Number:
0001579252-15-000091
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-08-11 18:11:35
Reporting Period:
2015-08-07
Filing Date:
2015-08-11
Accepted Time:
2015-08-11 18:11:35
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
1208957 George Edgar Hotard 411 East Wisconsin Ave
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 2015-08-07 12,000 $5.50 12,000 No 4 P Indirect By Hotard Management Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Hotard Management Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 84,341 Indirect See footnote
Common Stock 53,800 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 24,334 24,334 Direct
Common Stock Warrants $12.00 2014-08-14 2019-06-30 23,000 23,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
24,334 24,334 Direct
2019-06-30 23,000 23,000 Indirect
Footnotes
  1. Reported securities are held by Hotard Family Interests, Ltd. Reporting person does not have voting or dispositive control over such securities and disclaims beneficial ownership except to the extent of his pecuniary interest therein. 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.