FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Schorr Steven M

2. Date of Event Requiring Statement (MM/DD/YYYY)
5/8/2014 

3. Issuer Name and Ticker or Trading Symbol

KonaRed Corp [OB: KRED]

(Last)        (First)        (Middle)

2829 ALA KALANIKAUMAKA STREET, SUITE F-133

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

KOLOA, HI 96756       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Restricted Common Shares   7054362   (1) (4) (5) D    
Restricted Common Shares   35695638   (4) (5) I   Balance of shares held in trust for SITC shareholders  
Common Shares   83167   (2) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Call options   10/4/2014   (3) 10/4/2018   Restricted common shares   1000000   $0.45   D    

Explanation of Responses:
( 1)  As of June 26, 2014, KRED had 77,380,296 issued and outstanding common shares. Based on this, Mr. Schorr' direct current shareholdings of 7,137,529 shares (including restricted and free trading common shares) comprise 9.2% of KRED's common shares. When the 35,695,638 restricted shares which are nominally under Mr. Schorr's control as trustee are added to his total shareholdings, this percentage increases to 55.3%.
( 2)  83,167 common shares were awarded to Steven Schorr under a Form S-8 Registration Statement filed May 27, 2014 (the "Award Shares"). KRED separately registered the Award Shares under the 33 Act, by filing on May 29, 2014 a Post-Effective amendment to the Form S-8 Registration Statement which contained a re-offer prospectus in reference to the Award Shares.
( 3)  Option grant not exercisable prior to 10/04/2014. On December 12, 2013, KRED issued to Mr. Schorr 1,000,000 call options to purchase 1,000,000 restricted common shares of KRED. These options vest on, or after, October 4, 2014 only if the share price of KRED trades above $1.00 per share.
( 4)  As reported in KonaRed Corporation's ("KRED") filings to the SEC, Steven Schorr was a D&O and 10% shareholder of Sandwich Isles Trading Co., Inc. ('SITC') which was purchased by KRED on October 4, 2013 under an Asset Purchase Agreement. Mr. Schorr and another director were designated as trustees of 42,750,000 KRED shares to be distributed to SITC shareholders as the purchase price for SITC's assets.
( 5)  On May 23, 2014, SITC was dissolved and distribution of KRED shares in trust began. Mr. Schorr's own shareholdings of KRED restricted common shares is 7,054,362, based on an exchange ratio of 1.6757 KRED shares for each 1 SITC share previously held. Because processing of the share distribution is still underway, the balance of 35,695,638 shares which are still under Mr. Schorrs' indirect ownership as a trustee are also reported herein.

Remarks:
Regarding "Date of Event", on May 8, 2014 KonaRed Corporation filed a Form 8A with the SEC which created the requirement for Steven Schorr to file this Form 3 due to his position as a director of the Company and, via his role as trustee for Sandwich Isles Trading Co., Inc. shareholders, his standing as a 10% shareholder.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Schorr Steven M
2829 ALA KALANIKAUMAKA STREET
SUITE F-133
KOLOA, HI 96756
X X


Signatures
/s/ Steven Schorr 6/26/2014
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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