SEC Form 4 · accession 0001493152-18-012526
REED'S, INC. · REED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Joseph Doherty III
Director · 10% Owner
Period of report
Aug 22, 2018
Accepted (ET)
Aug 23, 2018 · 9:46 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 | Aug 22, 2018 | S | 400,000 | $2.50 | D | 3,033,334 | I | See Note |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are held by Raptor/ Harbor Reeds SPV LLC, a significant shareholder of Reed's Inc. Mr. Doherty is a principal and significant shareholder of Raptor/ Harbor Reeds SPV LLC. He shares discretionary authority to vote and dispose of the securities held by Raptor/ Harbor Reeds SPV LLC with James Pallotta and may be deemed to be the beneficial owner of these securities.