JOHN D. LEAHY - 31 May 2022 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Director
Signature
/s/ Yolanda Goettsch, Attorney-in-Fact for John Leahy
Issuer symbol
COCO
Transactions as of
31 May 2022
Net transactions value
$0
Form type
4
Filing time
02 Jun 2022, 20:12:02 UTC
Previous filing
21 Oct 2021
Next filing
09 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Options Exercise $0 +2,333 $0.000000 2,333 31 May 2022 Direct F1
transaction COCO Common Stock Award $0 +5,757 +247% $0.000000 8,090 01 Jun 2022 Direct 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 COCO Restricted Stock Units Options Exercise $0 -2,333 -100% $0.000000* 0 31 May 2022 Common Stock 2,333 Direct F1, F3
holding COCO Stock Option (Right to Buy) 27,300 31 May 2022 Common Stock 27,300 $10.18 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert to common stock on a one-for-one basis.
F2 Represents RSUs granted under the company's 2021 Incentive Award Plan which vest in full the earlier of (i) the day immediately preceding the first Annual Meeting after the grant date or (ii) the first anniversary of the grant date provided that the Reporting Person remains in continuous service on the applicable vesting date.
F3 RSUs were granted on October 21, 2021 with a vesting date of the earlier of (i) the day immediately preceding the first Annual Meeting after the grant date or (ii) on October 21, 2022 provided that the Reporting Person remains in continuous service on the applicable vesting date.
F4 The stock option vests in three equal annual installments beginning on January 2, 2021.