4//SEC Filing
Union Square Park Capital Management, LLC 4
Accession 0001493152-24-037926
CIK 0001140215other
Filed
Sep 23, 8:00 PM ET
Accepted
Sep 24, 1:58 PM ET
Size
11.7 KB
Accession
0001493152-24-037926
Insider Transaction Report
Form 4
REED'S, INC.REED
Union Square Park Partners, LP
Director10% OwnerOther
Transactions
- Purchase
common stock
2024-09-10$1.50/sh+531,205$796,808→ 1,230,699 total(indirect: SEE FOOTNOTES)
Zaltzman Leon Michael
Director10% OwnerOther
Transactions
- Purchase
common stock
2024-09-10$1.50/sh+531,205$796,808→ 1,230,699 total(indirect: SEE FOOTNOTES)
Union Square Park GP, LLC
Director10% OwnerOther
Transactions
- Purchase
common stock
2024-09-10$1.50/sh+531,205$796,808→ 1,230,699 total(indirect: SEE FOOTNOTES)
Union Square Park Capital Management, LLC
Director10% OwnerOther
Transactions
- Purchase
common stock
2024-09-10$1.50/sh+531,205$796,808→ 1,230,699 total(indirect: SEE FOOTNOTES)
Footnotes (4)
- [F1]The securities reported herein are held directly by Union Square Park Partners, LP (the "USPP Fund"). Union Square Park Capital Management, LLC ("USPCM") serves as the investment manager to the USPP Fund. Union Square Park GP, LLC ("USPGP") serves as general partner of the USPP Fund. Leon M. Zaltzman serves as the managing member of each of USPCM and USPGP. The Reporting Persons may have been deemed to beneficially own more than 10% of the Common Stock as of May 31, 2023.. This Form 4 is currently being filed under the CIK of Union Square Park Partners, LP, Union Square Park Capital Management, LLC, Union Square Park GP, LLC and Leon M. Zaltzman.
- [F2]The filing of this statement shall not be deemed an admission that any of the Reporting Persons are the beneficial owners of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any.
- [F3]Includes 145,828 shares issuable upon exercise of warrant dated 5/25/2023.
- [F4]Subscribed through automatic conversion of Simple Agreement for Future Equity ("SAFE") investment for the amount of $796,808.
Documents
Issuer
REED'S, INC.
CIK 0001140215
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001666231
Filing Metadata
- Form type
- 4
- Filed
- Sep 23, 8:00 PM ET
- Accepted
- Sep 24, 1:58 PM ET
- Size
- 11.7 KB