SEC Form 5 · accession 0001127855-15-000050
KonaRed Corp · KRED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Van Dyke
Director
Period of report
Dec 19, 2014
Accepted (ET)
Feb 11, 2015 · 4:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001527355
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Common sharesF1 | Oct 4, 2013 | J | 167,570 | $0.1893 | A | 167,570 | D | |
| Common shares | May 27, 2014 | A | 83,167 | $0.627 | A | 83,167 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Call options to purchase restricted common sharesF2 | $0.17 | Dec 19, 2014 | A | 750,000 | A | Dec 19, 2014 | Dec 19, 2019 | Restricted common shares | 750,000 | 750,000 | D |
Explanation of responses
- F1On October 4, 2013 KonaRed Corporation ('KRED') acquired the assets of SITC in a share exchange based on an exchange ratio of 1.6757 KRED shares for each 1 SITC share previously held. The acquisition price shown is the average after taking into account the share exchange.
- F2These options vested at grant date.