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

Reporting relationship: Director
Issuer ticker: REED
Reported as of: 10 Sep 2024
Net transaction value: +$300,000
SEC form: 4
Accepted by SEC: 08 Oct 2024, 06:05:09 UTC
Prior SEC filing: 04 Apr 2024
Source filing: View source filing
Reporting owner signature: /s/ John Bello

Key filing fact

John Bello filed Form 4 for REED'S, INC. (REED) on 08 Oct 2024.

Key facts

This page summarizes John Bello's Form 4 filing for REED'S, INC. (REED).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 08 Oct 2024, 06:05.

Change

Previous filing in this sequence was filed on 04 Apr 2024.
Current net transaction value: +$300,000.

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

Conversion of derivative security

Transaction value: $300,000
Shares: +200,000
Change %: +340%
Price: $1.50
Shares after: 258,776
Date: 10 Sep 2024
Ownership: Direct
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

Reporting Person funded $300,000 to Issuer through a Simple Agreements for Future Equity ("SAFE") investment. The investment automatically converted at $1.50 per share upon completion of Issuer's Private Investment in Future Equity transaction.

Footnote F2

Includes 58,555 shares underlying currently exercisable warrants and 20 shares underlying currently exercisable stock options. Does not include 359,949 shares beneficially owned that are indirectly held by Reporting Person.