Rosemary L. Ripley - Jun 15, 2023 Form 4 Insider Report for Zevia PBC (ZVIA)

Role
Director
Signature
/s/ Lorna R. Simms, Attorney-in-fact for Rosemary L. Ripley
Stock symbol
ZVIA
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/20/2023, 05:36 PM
Previous filing
Oct 19, 2022
Next filing
Apr 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZVIA Class A Common Stock Award $0 +18.4K +113.7% $0.00 34.5K Jun 15, 2023 Direct F1, F2
holding ZVIA Class A Common Stock 1.69M Jun 15, 2023 See Footnotes 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. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. The RSUs vest on the earlier to occur of (i) June 15, 2024 or (ii) the Issuer's 2024 annual meeting of stockholders and are settled within 30 days following such vesting date.
F2 Includes 18,359 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 18,359 RSUs vest on the earlier to occur of (i) June 15, 2024 or (ii) the Issuer's 2024 annual meeting of stockholders and are settled within 30 days following such vesting date.
F3 Represents securities owned directly by NGEN III, LP ("NGEN III"). Ms. Ripley directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares of Class A Common Stock owned, directly or indirectly, by NGEN III. Ms. Ripley disclaims beneficial ownership of the NGEN III shares of Class A Common Stock reported herein except to the extent of her pecuniary interest therein and this report shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.