Martin Roper - Oct 21, 2021 Form 3 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Co-Chief Executive Officer, Director Exhibit 24 - Power of Attorney., Director
Signature
/s/ Yolanda Goettsch, Attorney-in-fact
Stock symbol
COCO
Transactions as of
Oct 21, 2021
Transactions value $
$0
Form type
3
Date filed
10/21/2021, 09:01 PM
Previous filing
Sep 2, 2021
Next filing
Dec 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding COCO Common Stock 435K Oct 21, 2021 Direct
holding COCO Common Stock 435K Oct 21, 2021 By: Christopher G. Roper Exempt Family Trust
holding COCO Common Stock 435K Oct 21, 2021 By: Peter S. Roper Exempt Family Trust
holding COCO Common Stock 435K Oct 21, 2021 By: Thomas L. Roper Exempt Family Trust

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
holding COCO Stock Option (Right to Buy) Oct 21, 2021 Common Stock 580K $10.18 Direct F1
holding COCO Stock Options (Right to Buy) Oct 21, 2021 Common Stock 299K $15.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option vests upon certain events, including (i) an initial public offering and (ii) (a) if the equity value of the Issuer (defined as enterprise value less net debt) is equal to or greater than $1 billion USD at the time of the initial public offering, or (b) the total market cap of the Issuer (defined as total Issuer shares outstanding multiplied by trading price) is equal to or greater than $1 billion USD for a period of at least ninety days post-initial public offering.
F2 The stock option vests in four equal annual installments beginning on November 27, 2022.

Remarks:

Co-Chief Executive Officer, Director Exhibit 24 - Power of Attorney.