Union Square Park Capital Management, LLC - 14 Nov 2024 Form 4 Insider Report for REED'S, INC. (REED)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
18 Nov 2024, 17:09:22 UTC
Prior SEC filing
24 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Union Square Park Partners, LP

Key filing fact

Union Square Park Capital Management, LLC filed Form 4 for REED'S, INC. (REED) on 18 Nov 2024.

Key facts

  • This page summarizes Union Square Park Capital Management, LLC's Form 4 filing for REED'S, INC. (REED).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 18 Nov 2024, 17:09.

Change

  • Previous filing in this sequence was filed on 24 Sep 2024.
  • Current net transaction value: -$11,803.

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

Sale

Transaction value
$6,766
Shares
-5,988
Change %
-0.49%
Price
$1.13
Shares after
1,224,711
Date
14 Nov 2024
Ownership
SEE FOOTNOTES
Footnotes
F1, F2, F3
REED transaction

common stock

Sale

Transaction value
$5,036
Shares
-4,537
Change %
-0.37%
Price
$1.11
Shares after
1,220,174
Date
15 Nov 2024
Ownership
SEE FOOTNOTES
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The securities reported herein are held directly by Union Square Park Partners, LP (the "USPP Fund"). Union Square Park Capital Management, LLC ("USPCM") serves as the investment manager to the USPP Fund. Union Square Park GP, LLC ("USPGP") serves as general partner of the USPP Fund. Leon M. Zaltzman serves as the managing member of each of USPCM and USPGP. The Reporting Persons may have been deemed to beneficially own more than 10% of the Common Stock as of May 31, 2023. This Form 4 is currently being filed under the CIK of Union Square Park Partners, LP, Union Square Park Capital Management, LLC, Union Square Park GP, LLC and Leon M. Zaltzman.

Footnote F2

The filing of this statement shall not be deemed an admission that any of the Reporting Persons are the beneficial owners of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any.

Footnote F3

Includes 145,828 shares issuable upon exercise of warrant dated 5/25/2023.

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