4//SEC Filing
Bello John 4
Accession 0001493152-24-012810
CIK 0001140215other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 4:29 PM ET
Size
6.2 KB
Accession
0001493152-24-012810
Insider Transaction Report
Form 4
REED'S, INC.REED
Bello John
Director
Transactions
- Purchase
SAFE
2024-03-07+1→ 1 totalExercise: $300000.00→ common stock (200,000 underlying)
Footnotes (4)
- [F1]Reporting Person funded $300,000 to Issuer through a Simple Agreements for Future Equity ("SAFE") investment. The SAFE investment will convert into the next equity shares underlying SAFE, as it is expected to convert within 60 days.
- [F2]The SAFE investment will convert into the next equity financing of Issuer on the same terms and conditions as investors in Issuer's next equity financing (expected within 60 days).
- [F3]No expiration -mandatory conversion.
- [F4]Calculation of underlying shares of 200,000 is an estimate based on the $1.50 cap and is subject to change depending on the pricing in the next equity financing.
Documents
Issuer
REED'S, INC.
CIK 0001140215
Entity typeother
Related Parties
1- filerCIK 0001693098
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 4:29 PM ET
- Size
- 6.2 KB