Joann Tinnelly - Mar 31, 2023 Form 3 Insider Report for REED'S, INC. (REED)

Role
INTERIM CFO
Signature
/s/ Joann Tinnelly
Stock symbol
REED
Transactions as of
Mar 31, 2023
Transactions value $
$0
Form type
3
Date filed
4/19/2023, 06:03 AM
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding REED Common stock 11.3K Mar 31, 2023 Direct F1

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
holding REED Employee Stock Option Mar 31, 2023 Common Stock 903 $47.50 Direct F2
holding REED Employee Non-Qualified Stock Option Mar 31, 2023 Common Stock 108 $47.50 Direct F2, F3
holding REED Employee Incentive Stock Option Mar 31, 2023 Common Stock 1.7K $47.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 7,885 shares underlying currently exercisable stock options under the 2017 Incentive Compensation Plan expiring 2/4/2027. Of these, 2,500 have an exercise price of $124.50 and 960 have an exercise price of $25.00.
F2 Stock options under 2020 Equity Incentive Plan. Does not include vested but unexercised stock option. awards included in Table I.
F3 Performance based awards vesting based on performance criteria to be determined by the board of directors of Registrant