Jane C. Morreau - May 31, 2022 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role: Director
Signature: /s/ Yolanda Goettsch, Attorney-in-Fact for Jane Morreau
Stock symbol: COCO
Transactions as of: May 31, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/2/2022, 08:29 PM
Previous filing: Feb 28, 2022
Next filing: Jun 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COCO	Common Stock	Options Exercise	$0	+2.33K		$0.00	2.33K	May 31, 2022	Direct	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	Options Exercise	$0	-2.33K	-100%	$0.00^*	0	May 31, 2022	Common Stock	2.33K		Direct	F1, F2
transaction	COCO	Deferred Stock Units	Award	$0	+5.76K		$0.00	5.76K	Jun 1, 2022	Common Stock	5.76K		Direct	F3
holding	COCO	Stock Option (Right to Buy)						45.5K	May 31, 2022	Common Stock	45.5K	$10.18	Direct	F4

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

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert to common stock on a one-for-one basis.
F2	RSUs were granted on October 21, 2021 with a vesting date of 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.
F3	Each deferred stock unit represents the right to receive one share of common stock of the Issuer. The deferred stock units granted under the company's 2021 Incentive Award Plan vest in full the earlier of (i) the day immediately preceding the first Annual Meeting after the grant date or (ii) the first anniversary of the grant date provided that the Reporting Person remains in continuous service on the applicable vesting date, and will settle on the date the Reporting Person ceases service on the Board.
F4	The stock option vests in three annual installments on July 12, 2022 (with respect to 15,015 underlying shares), July 12, 2023 (with respect to 15,015 underlying shares) and July 12, 2024 (with respect to 15,470 underlying shares), respectively.