Martin Roper - 21 Oct 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
Issuer symbol
COCO
Transactions as of
21 Oct 2021
Net transactions value
$0
Form type
3
Filing time
21 Oct 2021, 21:01:19 UTC
Previous filing
02 Sep 2021
Next filing
02 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding COCO Common Stock 435,435 21 Oct 2021 Direct
holding COCO Common Stock 434,525 21 Oct 2021 By: Christopher G. Roper Exempt Family Trust
holding COCO Common Stock 434,525 21 Oct 2021 By: Peter S. Roper Exempt Family Trust
holding COCO Common Stock 434,525 21 Oct 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) 21 Oct 2021 Common Stock 579,670 $10.18 Direct F1
holding COCO Stock Options (Right to Buy) 21 Oct 2021 Common Stock 298,507 $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.