Amy Taylor - 17 Mar 2023 Form 4 Insider Report for Zevia PBC (ZVIA)

Role: President & CEO, Director
Signature: /s/ Lorna R. Simms, Attorney-in-Fact for Amy Taylor
Issuer symbol: ZVIA
Transactions as of: 17 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 22 Mar 2023, 16:08:11 UTC
Previous filing: 02 Sep 2022
Next filing: 24 Mar 2023
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	Award	$0	+219,512	+124%	$0.000000	397,085	17 Mar 2023	Direct	F1, F2
holding	ZVIA	Class A Common Stock						5,500	17 Mar 2023	By Spouse	F3

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	+365,854		$0.000000	365,854	17 Mar 2023	Class A Common Stock	365,854	$3.00	Direct	F4

* 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 March 17, 2023 and are settled within 30 days following each vesting date.
F2	Includes 363,751 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 66,666 RSUs are vested in full, subject to deferred settlement in two equal installments on each of January 17, 2024 and January 17, 2025. 77,573 RSUs begin vesting in 1/4 increments on each anniversary of March 17, 2022 and are settled within 30 days following each vesting date. 219,512 RSUs begin vesting in 1/4 increments on each anniversary of March 17, 2023 and are settled within 30 days following each vesting date.
F3	Represents shares held by Reporting Person's spouse.
F4	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 March 17, 2023.