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

Role
Director, 10%+ Owner
Signature
By: /s/ DENG Shufen
Stock symbol
REED
Transactions as of
Sep 10, 2024
Transactions value $
$8,503,193
Form type
4
Date filed
9/13/2024, 07:27 PM
Previous filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REED Common Stock Purchase $3M +1.16M $2.59 1.16M May 25, 2023 See footnotes F1, F2
transaction REED Common Stock Purchase $4.9M +3.27M +281.66% $1.50 4.43M Sep 10, 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 $600K +232K $2.59 232K May 25, 2023 Common Stock 232K $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.