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 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. Issuer Name and Ticker or Trading Symbol

KonaRed Corp [ OB:KRED ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

2829 ALA KALANIKAUMAKA STREET, SUITE F-133
3. Date of Earliest Transaction (MM/DD/YYYY)

7/24/2014
(Street)

KOLOA, HI 96756
(City)        (State)        (Zip)
4. 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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
Restricted Common Shares   10/4/2013     J (1) (2)    35695638   (1) A $0   (6) 35695638   (1) I   In trust for SITC shareholders  
Restricted Control Common Shares   10/4/2013     J (1) (2)    7054362   (2) A $0.001   (5) 7054362   (2) D    
Common shares   7/24/2014     S    20000   D $0.4828   63167   (3) D    
Common shares   7/25/2014     S    16000   D $0.4894   47167   (3) D    
Common shares   7/28/2014     S    10000   D $0.4706   37167   (3) D    
Common shares   7/29/2014     S    10000   D $0.4505   27167   (3) D    
Common shares   7/30/2014     S    9750   D $0.4015   17417   (3) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Call options to purchase restricted common shares   $0.45   (4) 10/4/2013     A      1000000       10/4/2013   (4) 10/4/2018   Restricted common shares   1000000   $0   (4) 0   (4) I   (4) Holding company  

Explanation of Responses:
( 1)  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.
( 2)  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.
( 3)  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,
( 4)  These options have been granted to Mr. Schorr, but have not yet vested and were issued to Bioponic Phytoceuticals Inc., a company Mr. Schorr controls. These options will vest on, or after October 4, 2014, if the stock price of KRED is trading at, or above, $1.00 per share.
( 5)  This is the price per share at which Mr. Schorr purchased these shares as a founder.
( 6)  Mr. Schorr is a trustee of these shares and was not the purchaser. Since Mr. Schorr is not the owner of these shares, no price is reported.

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 9/12/2014
** 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 4(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.
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