SEC Form 4 · accession 0001493152-18-004839
REED'S, INC. · REED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neal Cohane
Officer — SVP Sales
Period of report
Mar 29, 2018
Accepted (ET)
Apr 5, 2018 · 4:56 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option AwardF1 | $1.60 | Mar 29, 2018 | A | 375,000 | A | — | Mar 29, 2023 | Common Stock | 375,000 | 0 | D |
Explanation of responses
- F1Stock Option Award, 50% vesting in equal increments on March 29, 2019, March 29, 2020, March 29, 2021 and March 29, 2022, subject to the reporting person's continued employment with the corporation. Remaining 50% will vest based on performance criteria, as may be modified from time to time by the board of directors.