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

Role: CEO, Director
Signature: /s/ Norman E. Snyder, Jr.
Issuer symbol: REED
Transactions as of: 29 Apr 2024
Net transactions value: $0
Form type: 4
Filing time: 09 May 2024, 16:05:21 UTC
Previous filing: 18 May 2022
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		+37,605	+60%		99,869	29 Apr 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		+39,620			39,620	29 Apr 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.