Padraic L. Spence - Jun 12, 2024 Form 4 Insider Report for Zevia PBC (ZVIA)

Role: Director
Signature: /s/ Lorna R. Simms, Attorney-in-Fact for Padraic L. Spence
Stock symbol: ZVIA
Transactions as of: Jun 12, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/14/2024, 07:23 PM
Previous filing: Mar 28, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZVIA	Class A Common Stock	Award	$0	+118K	+6.9%	$0.00	1.84M	Jun 12, 2024	Direct	F1, F2

* 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 12, 2025 or (ii) the Issuer's 2025 annual meeting of stockholders and are settled within 30 days following such vesting date.
F2	Includes 822,111 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 2,200,000 RSUs began vesting in 1/36 equal monthly installments on each monthly anniversary of January 17, 2022 and are settled within 30 days following each vesting date. 148,417 RSUs began vesting in 1/4 increments on each anniversary of March 17, 2022 and are settled within 30 days following each vesting date. 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. 118,455 RSUs vest on the earlier to occur of (i) June 12, 2025 or (ii) the Issuer's 2025 annual meeting of stockholders and are settled within 30 days following such vesting date.

Content

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 12, 2025 or (ii) the Issuer's 2025 annual meeting of stockholders and are settled within 30 days following such vesting date.

Includes 822,111 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 2,200,000 RSUs began vesting in 1/36 equal monthly installments on each monthly anniversary of January 17, 2022 and are settled within 30 days following each vesting date. 148,417 RSUs began vesting in 1/4 increments on each anniversary of March 17, 2022 and are settled within 30 days following each vesting date. 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. 118,455 RSUs vest on the earlier to occur of (i) June 12, 2025 or (ii) the Issuer's 2025 annual meeting of stockholders and are settled within 30 days following such vesting date.