SEC Form 4 · accession 0001127855-17-000059
KonaRed Corp · KRED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shaun Roberts
Officer — CEO, Director · Director
Period of report
Mar 6, 2017
Accepted (ET)
Mar 10, 2017 · 4:21 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 Shares | Oct 28, 2016 | A | 193,848 | $0.0561 | A | 9,803,991 | 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 sharesF1 | $0.0559 | Mar 6, 2017 | A | 1,063,782 | A | Mar 6, 2017 | Mar 6, 2022 | Restricted common shares | 1,063,782 | 1,063,782 | D |
| Call options to purchase restricted common sharesF2 | $0.17 | Dec 19, 2014 | A | 3,500,000 | A | Dec 19, 2014 | Dec 19, 2019 | Restricted common shares | 2,500,000 | 2,500,000 | D |
Explanation of responses
- F1For compensation related to the fourth quarter of fiscal 2016, Mr. Roberts was issued 1,063,782 options to purchase 1,063,782 restricted common shares of the Company at an exercise price equal to market close price on date of issuance, all of which vested on date of issuance.
- F21,000,000 of the options attributed to Mr. Roberts' were issued to his spouse, who is the former CFO of the Company, and are included as required to reflect his beneficial ownership.