John Bello - 25 May 2023 Form 4 Insider Report for REED'S, INC. (REED)

Role
Director, 10%+ Owner
Signature
/s/ John J. Bello
Issuer symbol
REED
Transactions as of
25 May 2023
Net transactions value
$0
Form type
4
Filing time
01 Jun 2023, 08:15:20 UTC
Previous filing
19 Dec 2022
Next filing
29 Nov 2023
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 +193,424 +106% 375,244 25 May 2023 John and Nancy Bello Revocable Trust F1, F2, F3

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 Warrant Purchase +1 1 25 May 2023 common stock 38,685 $2.50 John and Nancy Bello Revocable Trust F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting Person's beneficial holdings held directly and indirectly outside of the Trust are not included in this Form 4 filing.
F2 Purchase in issuer's PIPE transaction at a price of $2.585 per share plus 1/5 warrant. Warrant containes 19.9% blocker which may be removed by holder upon 60 days notice to issuer.
F3 Includes 38,685 shares issuable upon exercise of warrant dated 5/25/2023.