Robert Gay - 09 Mar 2022 Form 4 Insider Report for Zevia PBC (ZVIA)

Role: Chief Strategy Officer & EVP
Signature: /s/ Lorna R. Simms, Attorney-in-Fact for Robert Gay
Issuer symbol: ZVIA
Transactions as of: 09 Mar 2022
Net transactions value: -$32,146
Form type: 4
Filing time: 11 Mar 2022, 16:42:31 UTC
Previous filing: 14 Feb 2022
Next filing: 11 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZVIA	Class A Common Stock	Tax liability	$32,146	-5,620	-0.62%	$5.72	907,646	09 Mar 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The transaction reported reflects the withholding of shares of Class A Common Stock in satisfaction of the Reporting Person's tax liability in connection with the settlement of 19,445 restricted stock units ("RSUs").
F2	Includes 830,555 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 700,000 RSUs began vesting in 1/36 increments, each vesting subject to deferred settlement on a monthly basis, with the vesting commencement date of February 17, 2022. 150,000 RSUs are vested in full, subject to deferred settlement in one-third increments on each of January 17, 2023, January 17, 2024, and January 17, 2025.

Content

The transaction reported reflects the withholding of shares of Class A Common Stock in satisfaction of the Reporting Person's tax liability in connection with the settlement of 19,445 restricted stock units ("RSUs").

Includes 830,555 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 700,000 RSUs began vesting in 1/36 increments, each vesting subject to deferred settlement on a monthly basis, with the vesting commencement date of February 17, 2022. 150,000 RSUs are vested in full, subject to deferred settlement in one-third increments on each of January 17, 2023, January 17, 2024, and January 17, 2025.