Axelle Henry - Oct 21, 2021 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role: Director, 10%+ Owner
Signature: By: /s/ Yolanda Goettsch, Attorney-in-Fact
Stock symbol: COCO
Transactions as of: Oct 21, 2021
Transactions value $: -$48,600,000
Form type: 4
Date filed: 10/25/2021, 04:44 PM
Next filing: Jun 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COCO	Common Stock	Sale	-$48.6M	-3.24M	-13.48%	$15.00	20.8M	Oct 25, 2021	By Verlinvest Beverages SA	F1

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	COCO	Restricted Stock Units	Award	$0	+2.33K		$0.00	2.33K	Oct 21, 2021	Common Stock	2.33K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person serves as Chief Financial Officer of Verlinvest Group, a parent entity of Verlinvest Beverages SA, and as a member of the board of directors of Verlinvest Beverages SA and therefore may be deemed to have shared voting power with respect to the shares of common stock held of record by Verlinvest Beverages SA. The Reporting Person disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein, if any.
F2	The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs will vest in full the earlier of (i) the day immediately preceding the first Annual Meeting after the grant date or (ii) on October 21, 2022 provided that the Reporting Person remains in continuous service on the applicable vesting date. Unless otherwise provided, on the applicable vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.

Content

The Reporting Person serves as Chief Financial Officer of Verlinvest Group, a parent entity of Verlinvest Beverages SA, and as a member of the board of directors of Verlinvest Beverages SA and therefore may be deemed to have shared voting power with respect to the shares of common stock held of record by Verlinvest Beverages SA. The Reporting Person disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein, if any.

The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs will vest in full the earlier of (i) the day immediately preceding the first Annual Meeting after the grant date or (ii) on October 21, 2022 provided that the Reporting Person remains in continuous service on the applicable vesting date. Unless otherwise provided, on the applicable vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.