Home/Filings/5/0001127855-15-000053
5//SEC Filing

KonaRed Corp 5

Accession 0001127855-15-000053

CIK 0001527355operating

Filed

Feb 10, 7:00 PM ET

Accepted

Feb 11, 5:55 PM ET

Size

17.0 KB

Accession

0001127855-15-000053

Insider Transaction Report

Form 5
Period: 2014-12-19
Roberts Shaun
DirectorPresident,CEO,Direct,Board Chr10% Owner
Transactions
  • Other

    Restricted Control Common shares

    2013-10-04$0.00/sh+7,815,386$7,8157,815,386 total
  • Award

    Common shares

    2014-05-27$0.63/sh+86,999$54,54886,999 total
  • Disposition to Issuer

    Call options to purchase restricted common shares

    2014-12-191,000,0000 total
    Exercise: $0.45From: 2014-10-04Exp: 2018-12-12Restricted common shares (1,000,000 underlying)
  • Disposition to Issuer

    Call options to purchase restricted common shares

    2014-12-191,000,0000 total(indirect: By Spouse)
    Exercise: $0.74From: 2013-12-12Exp: 2018-12-12Restricted common shares (1,000,000 underlying)
  • Award

    Call options to purchase restricted common shares

    2014-12-19$0.17/sh+2,500,000$425,0002,500,000 total
    Exercise: $0.17From: 2014-12-19Exp: 2019-12-19Restricted common shares (2,500,000 underlying)
  • Award

    Call options to purchase restricted common shares

    2014-12-19$0.17/sh+1,000,000$170,0001,000,000 total(indirect: By Spouse)
    Exercise: $0.17From: 2014-12-19Exp: 2019-12-19Restricted common shares (1,000,000 underlying)
Footnotes (5)
  • [F1]This is the price per share at which Mr. Roberts purchased these shares as a founder of predecessor company Sandwich Isles Trading Co, Inc. ('SITC'). On 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.
  • [F2]Mr. Roberts stock options, as reflected on this Form 5, for 1,000,000 shares of the Company's common stock granted to him on December 12, 2013, were cancelled.
  • [F3]The stock options granted to Mr. Roberts' spouse, as reflected on this Form 5 for 1,000,000 shares of the Company's common stock granted to her on December 12, 2013, were cancelled.
  • [F4]1,000,000 of these options vested on grant date and 750,000 will automatically vest on each of June 30, 2015 and December 31, 2015.
  • [F5]These options granted to Mr. Roberts' spouse vested immediately.

Issuer

KonaRed Corp

CIK 0001527355

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001527355

Filing Metadata

Form type
5
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 5:55 PM ET
Size
17.0 KB