Jonathan Burth - 14 Dec 2022 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role: Chief Operating Officer
Signature: By: Yolanda Goettsch, Attorney-in-Fact For: Jonathan Burth
Issuer symbol: COCO
Transactions as of: 14 Dec 2022
Net transactions value: -$50,351
Form type: 4
Filing time: 15 Dec 2022, 15:45:28 UTC
Previous filing: 01 Dec 2022
Next filing: 14 Mar 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	$51,344	+8,000	+4.3%	$6.42^*	194,007	14 Dec 2022	Direct
transaction	COCO	Common Stock	Sale	$101,695	-8,000	-4.1%	$12.71	186,007	14 Dec 2022	Direct	F1, 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	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-8,000	-100%	$0.000000^*	0	14 Dec 2022	Common Stock	8,000	$6.42	Direct	F3
holding	COCO	Non-Qualified Stock Option (right to buy)						188,825	14 Dec 2022	Common Stock	188,825	$10.18	Direct	F3
holding	COCO	Non-Qualified Stock Option (right to buy)						204,750	14 Dec 2022	Common Stock	204,750	$10.18	Direct	F4
holding	COCO	Non-Qualified Stock Option (right to buy)						34,125	14 Dec 2022	Common Stock	34,125	$10.18	Direct	F5
holding	COCO	Non-Qualified Stock Option (right to buy)						58,043	14 Dec 2022	Common Stock	58,043	$15.00	Direct	F6
holding	COCO	Non-Qualified Stock Option (right to buy)						42,980	14 Dec 2022	Common Stock	42,980	$15.36	Direct	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.66 to $12.81, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F2	These shares consist of (i) 68,653 restricted stock units of which 1,309 are vested and (ii) 117,354 shares of common stock obtained from option exercises.
F3	The stock option is fully vested and currently exercisable.
F4	The stock option is fully vested and currently exercisable with respect to 102,375 underlying shares. The remainder will vest on February 10, 2024.
F5	The stock option vests in two equal installments on January 11, 2023 and January 11, 2025.
F6	The stock option vests in four equal annual installments beginning on November 27, 2022.
F7	The stock option vests in three equal annual installments beginning on August 15, 2025.