SEC Form 4 · accession 0000899243-19-002754
REED'S, INC. · REED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raptor/Harbor Reeds SPV LLC
10% Owner
Period of report
Oct 4, 2018
Accepted (ET)
Feb 6, 2019 · 11:19 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001140215
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF1 | $1.50 | Oct 4, 2018 | H | 750,000 | D | Jun 20, 2018 | Dec 22, 2022 | Common Stock | 750,000 | 0 | D |
| WarrantF1 | $1.10 | Oct 4, 2018 | P | 750,000 | A | Oct 4, 2018 | Dec 22, 2022 | Common Stock | 750,000 | 750,000 | D |
Explanation of responses
- F1The transactions reported represent an amendment of an outstanding Warrant for the purchase of 750,000 shares of Common Stock, reducing the exercise price from $1.50 to $1.10 per share. The amendment was made in consideration for the guarantee by Daniel J. Doherty, III and the Daniel J. Doherty, III 2000 Family Trust (who are affiliates of the Reporting Person) of up to $4,000,000 of borrowings by the Issuer and previously reported by the Issuer on a Form 8-K filed on October 9, 2018.