Raptor/Harbor Reeds SPV LLC 4
4 · REED'S, INC. · Filed Feb 6, 2019
Insider Transaction Report
Form 4
REED'S, INC.REED
Raptor/Harbor Reeds SPV LLC
10% Owner
Transactions
- Purchase
Warrant
2018-10-04+750,000→ 750,000 totalExercise: $1.10From: 2018-10-04Exp: 2022-12-22→ Common Stock (750,000 underlying) - Expiration (Short)
Warrant
2018-10-04−750,000→ 0 totalExercise: $1.50From: 2018-06-20Exp: 2022-12-22→ Common Stock (750,000 underlying)
Footnotes (1)
- [F1]The transactions reported represent an amendment of an outstanding Warrant for the purchase of 750,000 shares of Common Stock, reducing the exercise price from $1.50 to $1.10 per share. The amendment was made in consideration for the guarantee by Daniel J. Doherty, III and the Daniel J. Doherty, III 2000 Family Trust (who are affiliates of the Reporting Person) of up to $4,000,000 of borrowings by the Issuer and previously reported by the Issuer on a Form 8-K filed on October 9, 2018.