SEC Form 4/A · accession 0001493152-18-005198
REED'S, INC. · REED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Val Stalowir
Officer — CEO · Director
Period of report
Mar 29, 2018
Accepted (ET)
Apr 16, 2018 · 1:49 pm EDT
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 | Mar 29, 2018 | A | 412,735 | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option AwardF2 | $1.60 | Mar 29, 2018 | A | 412,736 | A | — | Mar 29, 2023 | Common Stock | 412,736 | 0 | D |
Explanation of responses
- F1Restricted stock award, 50% of award will vest on each of June 28, 2018 and June 28, 2019, subject to the reporting person's continued employment with the corporation.
- F2Stock option award, 50% of award 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% of award will vest based on performance criteria, as may be modified from time to time by the board of directors.