SEC Form 4 · accession 0001493152-18-009393
REED'S, INC. · REED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stefan Freeman
Officer — COO
Period of report
Mar 29, 2018
Accepted (ET)
Jun 28, 2018 · 6:10 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 | 402,000 | A | — | Mar 29, 2023 | Common Stock | 402,000 | 0 | D |
Explanation of responses
- F1Stock 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 the award will vest based on performance criteria to be determined, as may be modified from time to time by the board of directors.