RAPTOR/HARBOR REEDS SPV LLC reported 1 transaction at REED'S, INC.

Review the transaction codes below to understand the nature of each event.

RAPTOR/HARBOR REEDS SPV LLC

Filed: 12/15/2020ACC: 0000899243-20-033872

InsiderRAPTOR/HARBOR REEDS SPV LLCCIK 1705999

→

IssuerREED'S, INC.CIK 1140215

10% Owner

Since Aug 2018

-2.66M

Net shares

Net seller

$750.0K

Total acquired

Open market trades

0B · 0S

Total transactions

3.09M acquired · 5.75M disposed

Non-Derivative Transactions1

Common Stock

Direct

C · Conversion

+1.34M

Price / share

$0.56

Trade value

$750K

% of position

54.2%

12/11/2020

2.47M→3.81M

Total

Net shares

+1.34M

Net value

$750K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/11/2020	C · Conversion	+1.34M	$0.56	$750K	54.2%	2.47M	3.81M
Total			+1.34M		$750K

Derivative Transactions5

Convertible Promissory Note

Direct

J · J

Converts to

Common Stock

2.27M shares

−4.25M

Strike price

1.50

Held after

N/A

Exercisable

—

12/11/2020

Convertible Promissory Note

Direct

H · H

Converts to

Common Stock

500K shares

−750K

Strike price

1.50

Held after

0.00

Exercisable

—

12/11/2020

Convertible Promissory Note

Direct

P · Purchase

Converts to

Common Stock

1.34M shares

+750K

Strike price

0.56

Held after

N/A

Exercisable

—

12/11/2020

Convertible Promissory Note

Direct

C · Conversion

Converts to

Common Stock

1.34M shares

−750K

Strike price

0.56

Held after

0.00

Exercisable

—

12/11/2020

Warrant

Direct

P · Purchase

Converts to

Common Stock

1M shares

+1M

Strike price

0.644

Held after

Exercisable

—

12/11/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Convertible Promissory Note Direct	Common Stock2.27M shares	12/11/2020	J · J	−4.25M	1.50	—	N/A
Convertible Promissory Note Direct	Common Stock500K shares	12/11/2020	H · H	−750K	1.50	—	0.00
Convertible Promissory Note Direct	Common Stock1.34M shares	12/11/2020	P · Purchase	+750K	0.56	—	N/A
Convertible Promissory Note Direct	Common Stock1.34M shares	12/11/2020	C · Conversion	−750K	0.56	—	0.00
Warrant Direct	Common Stock1M shares	12/11/2020	P · Purchase	+1M	0.644	—	1M