Shufen Deng - 10 Sep 2024 Form 4 Insider Report for REED'S, INC. (REED)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: REED
Reported as of: 10 Sep 2024
Net transaction value: +$8,503,193
SEC form: 4
Accepted by SEC: 13 Sep 2024, 19:27:59 UTC
Prior SEC filing: 05 Jun 2023
Next SEC filing: 06 Dec 2024
Source filing: View source filing
Reporting owner signature: By: /s/ DENG Shufen

Key filing fact

Shufen Deng filed Form 4 for REED'S, INC. (REED) on 13 Sep 2024.

Key facts

This page summarizes Shufen Deng's Form 4 filing for REED'S, INC. (REED).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 13 Sep 2024, 19:27.

Change

Previous filing in this sequence was filed on 05 Jun 2023.
Current net transaction value: +$8,503,193.

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: $3,000,001
Shares: +1,160,542
Change %
Price: $2.58
Shares after: 1,160,542
Date: 25 May 2023
Ownership: See footnotes
Footnotes: F1, F2

REED transaction

Common Stock

Purchase

Transaction value: $4,903,192
Shares: +3,268,795
Change %: +282%
Price: $1.50
Shares after: 4,429,337
Date: 10 Sep 2024
Ownership: See footnotes
Footnotes: F1, F2

Reported derivative securities

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

REED transaction Derivative

Warrants (Right to Purchase)

Purchase

Transaction value: $599,999
Shares: +232,108
Change %
Price: $2.58
Shares after: 232,108
Date: 25 May 2023
Ownership: See footnotes
Underlying class: Common Stock
Underlying amount: 232,108
Exercise price: $2.50
Footnotes: F1, F2

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The securities reported herein are held directly by D&D Source of Life Holding Ltd. ("D&D"). DENG Shufen is the sole shareholder of D&D and may be deemed to beneficially own the securities reported herein.

Footnote F2

Each of the Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of its or her pecuniary interest therein.

SEC remarks

To provide additional context and facilitate understanding, the information contained in the Schedule 13D/A filed with the Securities and Exchange Commission by D&D Source of Life Holding Ltd. and DENG Shufen in relation to securities of the Issuer on or about September 10, 2024, is incorporated by reference into this Form 4. The Reporting Persons disclaim responsibility for the accuracy of the information provided by the Issuer.