Shufen Deng - 10 Sep 2024 Form 4 Insider Report for REED'S, INC. (REED)

Role
Director, 10%+ Owner
Signature
By: /s/ DENG Shufen
Issuer symbol
REED
Transactions as of
10 Sep 2024
Net transactions value
+$8,503,193
Form type
4
Filing time
13 Sep 2024, 19:27:59 UTC
Previous filing
05 Jun 2023
Next filing
06 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REED Common Stock Purchase $3,000,001 +1,160,542 $2.58 1,160,542 25 May 2023 See footnotes F1, F2
transaction REED Common Stock Purchase $4,903,192 +3,268,795 +282% $1.50 4,429,337 10 Sep 2024 See footnotes F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction REED Warrants (Right to Purchase) Purchase $599,999 +232,108 $2.58 232,108 25 May 2023 Common Stock 232,108 $2.50 See footnotes F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported herein are held directly by D&D Source of Life Holding Ltd. ("D&D"). DENG Shufen is the sole shareholder of D&D and may be deemed to beneficially own the securities reported herein.
F2 Each of the Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of its or her pecuniary interest therein.

Remarks:

To provide additional context and facilitate understanding, the information contained in the Schedule 13D/A filed with the Securities and Exchange Commission by D&D Source of Life Holding Ltd. and DENG Shufen in relation to securities of the Issuer on or about September 10, 2024, is incorporated by reference into this Form 4. The Reporting Persons disclaim responsibility for the accuracy of the information provided by the Issuer.