John Bello - 07 Mar 2024 Form 4/A Insider Report for REED'S, INC. (REED)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: REED
Reported as of: 07 Mar 2024
Net transaction value: $0
SEC form: 4/A
Accepted by SEC: 04 Apr 2024, 06:10:46 UTC
Original report date: 02 Apr 2024
Prior SEC filing: 13 Dec 2023
Next SEC filing: 08 Oct 2024
Source filing: View source filing
Reporting owner signature: /s/ John Bello

Key filing fact

John Bello filed Form 4/A for REED'S, INC. (REED) on 04 Apr 2024.

Key facts

This page summarizes John Bello's Form 4/A filing for REED'S, INC. (REED).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 04 Apr 2024, 06:10.

Change

Previous filing in this sequence was filed on 13 Dec 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

REED transaction Derivative

SAFE

Purchase

Transaction value
Shares: +1
Change %
Price
Shares after: 1
Date: 07 Mar 2024
Ownership: Direct
Underlying class: common stock
Underlying amount: 200,000
Exercise price: $300000.00
Footnotes: F1, F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Reporting Person funded $300,000 to Issuer through a Simple Agreements for Future Equity ("SAFE") investment. The SAFE investment will convert into the next equity shares underlying SAFE, as it is expected to convert within 60 days.

Footnote F2

The SAFE investment will convert into the next equity financing of Issuer on the same terms and conditions as investors in Issuer's next equity financing (expected within 60 days).

Footnote F3

No expiration -mandatory conversion.

Footnote F4

Calculation of underlying shares of 200,000 is an estimate based on the $1.50 cap and is subject to change depending on the pricing in the next equity financing.