Norman E. Snyder Jr. - Apr 29, 2024 Form 4 Insider Report for REED'S, INC. (REED)

Role
CEO, Director
Signature
/s/ Norman E. Snyder, Jr.
Stock symbol
REED
Transactions as of
Apr 29, 2024
Transactions value $
$0
Form type
4
Date filed
5/9/2024, 04:05 PM
Previous filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REED common stock Purchase +37.6K +60.4% 99.9K Apr 29, 2024 Direct F1, F2, F4

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 Non-qualified Stock Options Purchase +39.6K 39.6K Apr 29, 2024 common stock 1 $1.30 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Included in Table II, 37,605 shares of common stock underlying non-qualified stock options currently exercisable or exercisable within 60 days granted under the Registrant's 2024 Inducement Plan.
F2 Includes shares described in Item 1, 28,152 shares underlying other outstanding stock options that are currently exercisable or exercisable within 60 days and 2,856 shares underlying currently exercisable warrants.
F3 Non-qualified Stock Options to purchase 36,980 shares of common stock vest immediately. Non-qualified stock options to purchase 612 shares of common stock vest on September 16, 2024, respectively. Non-qualified stock options to purchase 1,403 shares of common stock vest on September 16, 2024, subject to satisfaction of performance based criteria.
F4 Grant by Registrant of employee non-qualified stock options under the Registrant's 2024 Inducement Plan.