Burleson Christopher Scott 4
4 · REED'S, INC. · Filed Jun 10, 2024
Insider Transaction Report
Form 4
REED'S, INC.REED
Transactions
- Purchase
Non-qualified Stock Options
2024-04-29+21,818→ 21,818 totalExercise: $1.30Exp: 2034-04-29→ common stock (1 underlying) - Purchase
common stock
2024-04-29+5,209→ 29,369 total
Footnotes (4)
- [F1]Included in Table II, 5,209 shares of common stock underlying non-qualified stock options granted under the Registrant's 2024 Inducement Plan, which are currently exercisable or will be exercisable within 60 days
- [F2]Includes shares from Item 1.
- [F3]Non-qualified stockqualified stock options to purchase 5,209 shares of common stock vest immediately.Non-qualified stock options to purchase 2,974, 2,727 and 2,727 vest on March 28, 2025, March 28, 2026 and March 28, 2027, respectively, subject to satisfaction of performance based criteria. Non-qualified stock options to purchase 2,727, 2,727, and 2,727 shares of common stock vest on May 1, 2025, May 1, 2026 and May 1, 2027 respectively.
- [F4]Grant by Registrant of employee non-qualified stock options under the Registrant's 2024 Inducement Plan.