SEC Form 4 · accession 0001493152-18-000699
REED'S, INC. · REED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Val Stalowir
Officer — Chief Executive Officer · Director
Period of report
Jan 10, 2018
Accepted (ET)
Jan 18, 2018 · 1:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001140215
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 10, 2018 | A | 371,218 | $1.70 | A | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option AwardF2 | $1.70 | Jan 10, 2018 | A | 371,218 | A | — | Jul 28, 2027 | Common Stock | 371,218 | 0 | D |
Explanation of responses
- F1Restricted Stock Award pursuant to Employment Agreement dated June 28, 2017 issued under Reed's Inc. 2017 Incentive Compensation Plan, vesting in equal increments on each of June 28, 2018 and June 28, 2019.
- F2Incentive Stock Option Award pursuant to Employment Agreement dated June 28, 2017 issued under Reed's Inc. 2017 Incentive Compensation Plan, vesting in equal increments on each of June 28, 2018 and June 28, 2019.