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

Reporting relationship: CEO, Director
Issuer ticker: REED
Reported as of: 29 Apr 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 09 May 2024, 16:05:21 UTC
Prior SEC filing: 18 May 2022
Source filing: View source filing
Reporting owner signature: /s/ Norman E. Snyder, Jr.

Key filing fact

Norman E. Snyder Jr. filed Form 4 for REED'S, INC. (REED) on 09 May 2024.

Key facts

This page summarizes Norman E. Snyder Jr.'s Form 4 filing for REED'S, INC. (REED).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 09 May 2024, 16:05.

Change

Previous filing in this sequence was filed on 18 May 2022.
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 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

REED transaction

common stock

Purchase

Transaction value
Shares: +37,605
Change %: +60%
Price
Shares after: 99,869
Date: 29 Apr 2024
Ownership: Direct
Footnotes: F1, F2, F4

Reported derivative securities

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

REED transaction Derivative

Non-qualified Stock Options

Purchase

Transaction value
Shares: +39,620
Change %
Price
Shares after: 39,620
Date: 29 Apr 2024
Ownership: Direct
Underlying class: common stock
Underlying amount: 1
Exercise price: $1.30
Footnotes: 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

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.

Footnote 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.

Footnote 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.

Footnote F4

Grant by Registrant of employee non-qualified stock options under the Registrant's 2024 Inducement Plan.