Ed Brennan - Nov 18, 2021 Form 4 Insider Report for NewAge, Inc. (NBEV)

Role: Director
Signature: /s/ Edward Brennan
Stock symbol: NBEV
Transactions as of: Nov 18, 2021
Transactions value $: $607,750
Form type: 4
Date filed: 11/22/2021, 09:30 AM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NBEV	Common Stock	Purchase	$608K	+500K	$1.22^*	500K	Nov 18, 2021	The Edward J. Brennan 2006 Trust	F1, F2
holding	NBEV	Common Stock					31.2K	Nov 18, 2021	Direct
holding	NBEV	Common Stock					1.44M	Nov 18, 2021	Edward J Brennan 2021 GRAT

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.18 to $1.245, inclusive. The reporting person undertakes to provide to NewAge, Inc., any security holder of NewAge, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F2	Mr. Brennan is the trustee of and beneficial owner of the shares held by The Edward J. Brennan Trust.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.18 to $1.245, inclusive. The reporting person undertakes to provide to NewAge, Inc., any security holder of NewAge, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Mr. Brennan is the trustee of and beneficial owner of the shares held by The Edward J. Brennan Trust.