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 *

Roberts Shaun
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
__ X __ Officer (give title below)      _____ Other (specify below)
Pres&CEO,Director,BoardChair
(Last)          (First)          (Middle)

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

9/17/2014
(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 (2) (3)    34934614   (1) (2) D $0   (7) 0   (1) (2) I   In trust for SITC shareholders  
Restricted Control Common Shares   10/4/2013     J (2) (3)    7815386   (2) (3) A $0.001   (6) 7815386   (2) (3) D    
Common shares   5/27/2014     A    86999   (4) A $0.627   86999   (4) 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   (5) 10/4/2013     A      1000000       10/4/2014   (5) 10/4/2018   Restricted common shares   1000000   $0   (5) 0   (5) D    

Explanation of Responses:
( 1)  Shaun Roberts was a founder, director, officer, and a majority shareholder of Sandwich Isles Trading Co., Inc. ('SITC'), which was purchased by KonaRed Corporation ("KRED") on October 4, 2013 under an Asset Purchase Agreement. As part of this Agreement, Mr. Roberts and another SITC director were designated as trustees of 42,750,000 KRED restricted common shares to be distributed to SITC shareholders as the purchase price for SITC's assets.
( 2)  As reported by KRED in a Form S-1 filed on September 17, 2014, on May 23, 2014 SITC was dissolved as a corporation and the process of distributed KRED exchange shares began. At present date, all SITC shares in trust have been distributed to the former shareholders of SITC, which has reduced the original balance of 34,934,614 KRED shares held in trust for the SITC shareholders to zero and precipitated the requirement to file this Form 4.
( 3)  Mr. Roberts personal shareholding of exchanged KRED restricted common shares is 7,815,386, based on an exchange ratio of 1.6757 KRED shares for each 1 SITC share previously held.
( 4)  This balance of common shares relate to an award to Shaun Roberts 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.
( 5)  These options were granted to Mr. Roberts on October 4, 2013, but have not yet vested. 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.
( 6)  This is the price per share at which Mr. Roberts purchased these shares as a founder.
( 7)  Mr. Roberts was the trustee of these shares and was not the purchaser. Since Mr. Roberts was not the owner of these shares, no purchase price is reported.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Roberts Shaun
2829 ALA KALANIKAUMAKA STREET
SUITE F-133
KOLOA, HI 96756
X X Pres&CEO,Director,BoardChair

Signatures
/s/ Shaun Roberts 9/18/2014
** 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.
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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