Sec Form 4 Filing - Lane Timothy @ True Drinks Holdings, Inc. - 2014-10-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Lane Timothy
2. Issuer Name and Ticker or Trading Symbol
True Drinks Holdings, Inc. [ TRUU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
18552 MACARTHUR BLVD, SUITE 325
3. Date of Earliest Transaction (MM/DD/YY)
10/15/2014
(Street)
IRVINE, CA92612
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $ 0.61 10/15/2014 D 737,217 ( 1 ) 08/29/2015 Common Stock 737,217 $ 0 ( 2 ) 0 D
Stock Option $ 0.38 10/15/2014 A 737,217 ( 3 ) 10/15/2021 Common Stock 737,217 $ 0 ( 2 ) 737,217 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lane Timothy
18552 MACARTHUR BLVD
SUITE 325
IRVINE, CA92612
X
Signatures
/s/ Timothy Lane 10/16/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Of the shares issuable pursuant to this stock option, 245,739 shares vested on the grant date, 163,826 shares vested on each of August 29, 2013 and 2014, respectively, and the final163,826 shares are scheduled to vest on August 29, 2015.
( 2 )The Reporting Person agreed to cancellation of the stock option granted to him on August 29, 2012, in exchange for a new option issued on October 15, 2014 pursuant to the Issuer's 2013 Stock Incentive Plan, which option is exercisable for the same number of shares and subject to the same vesting schedule, but with a longer term and lower exercise price.
( 3 )Of the shares issuable pursuant to this stock option, 573,391 are currently vested. The remaining 163,826 shares are scheduled to vest on August 29, 2015.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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