William D. Beech - Jul 26, 2021 Form 4 Insider Report for Zevia PBC (ZVIA)

Role
Chief Financial Officer and Senior Vice President
Signature
/s/ Lorna R. Simms, Attorney-in-Fact for William D. Beech
Stock symbol
ZVIA
Transactions as of
Jul 26, 2021
Transactions value $
-$50,084
Form type
4
Date filed
7/28/2021, 05:09 PM
Previous filing
Jul 21, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZVIA Stock Option (Right to Buy) Disposed to Issuer -$27.1K -2.08K -47.62% $13.00 2.29K Jul 26, 2021 Class A Common Stock 2.08K $0.06 Direct F1
transaction ZVIA Stock Option (Right to Buy) Disposed to Issuer -$23K -1.77K -40.36% $13.03 2.61K Jul 26, 2021 Class A Common Stock 1.77K $0.03 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 2,084 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $12.995 per stock option and $27,081.58 total as consideration for the cancellation.
F2 Represents 1,766 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $13.025 per stock option and $23,002.15 total as consideration for the cancellation.

Remarks:

Chief Financial Officer and Senior Vice President