Quincy B. Troupe - Feb 21, 2023 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
Feb 21, 2023
Transactions value $
-$9,294
Form type
4
Date filed
2/23/2023, 04:27 PM
Previous filing
Jun 16, 2022
Next filing
Mar 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZVIA Class A Common Stock Sale -$9.29K -2.03K -1.37% $4.58 146K Feb 21, 2023 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 sale of shares of Class A Common Stock in satisfaction of the Reporting Person's tax liability in connection with the settlement of 6,667 restricted stock units ("RSUs"). This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade made by the Reporting Person.
F2 Includes 135,975 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 13,333 RSUs are vested in full, subject to deferred settlement in two equal installments on each of January 17, 2024 and January 17, 2025. 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.