Snyder Norman E. Jr. 4
4 · REED'S, INC. · Filed May 9, 2024
Insider Transaction Report
Form 4
REED'S, INC.REED
Transactions
- Purchase
Non-qualified Stock Options
2024-04-29+39,620→ 39,620 totalExercise: $1.30Exp: 2034-04-29→ common stock (1 underlying) - Purchase
common stock
2024-04-29+37,605→ 99,869 total
Footnotes (4)
- [F1]Included in Table II, 37,605 shares of common stock underlying non-qualified stock options currently exercisable or exercisable within 60 days granted under the Registrant's 2024 Inducement Plan.
- [F2]Includes shares described in Item 1, 28,152 shares underlying other outstanding stock options that are currently exercisable or exercisable within 60 days and 2,856 shares underlying currently exercisable warrants.
- [F3]Non-qualified Stock Options to purchase 36,980 shares of common stock vest immediately. Non-qualified stock options to purchase 612 shares of common stock vest on September 16, 2024, respectively. Non-qualified stock options to purchase 1,403 shares of common stock vest on September 16, 2024, subject to satisfaction of performance based criteria.
- [F4]Grant by Registrant of employee non-qualified stock options under the Registrant's 2024 Inducement Plan.