Quincy B. Troupe - Jun 14, 2022 Form 4 Insider Report for Zevia PBC (ZVIA)

Role
Chief Operating Officer
Signature
/s/ Lorna R. Simms, Attorney-in-Fact for Quincy B. Troupe
Stock symbol
ZVIA
Transactions as of
Jun 14, 2022
Transactions value $
$0
Form type
4
Date filed
6/16/2022, 07:34 PM
Previous filing
Mar 21, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZVIA Class A Common Stock Award $0 +123K +478.94% $0.00 148K Jun 14, 2022 Direct F1, F2

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 ZVIA Stock Option (Right to Buy) Award $0 +203K $0.00 203K Jun 14, 2022 Class A Common Stock 203K $2.65 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted under the Zevia PBC 2021 Equity Incentive Plan (the "2021 Plan"). Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. The RSUs vest in 1/4 increments on each anniversary of June 14, 2022 and are settled within 30 days following each vesting date.
F2 Includes 148,249 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 20,000 RSUs are vested in full, subject to deferred settlement in 1/3 increments on each of January 17, 2023, January 17, 2024, and January 17, 2025. 5,607 RSUs vested on the date of the Issuer's 2022 annual meeting of stockholders and will settle within 30 days following such vesting date. 122,642 RSUs begin vesting in 1/4 increments on each anniversary of June 14, 2022 and are settled within 30 days following each vesting date.
F3 Represents options to purchase Class A common Stock of the Issuer granted under the 2021 Plan. These options vest in 1/4 increments on each anniversary of June 14, 2022.