Michael Kirban - Mar 10, 2023 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Executive Chairman, Director
Signature
By: Yolanda Goettsch, Attorney-in-Fact For: Michael Kirban
Stock symbol
COCO
Transactions as of
Mar 10, 2023
Transactions value $
$0
Form type
4
Date filed
3/14/2023, 09:35 PM
Previous filing
Feb 16, 2022
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding COCO Common Stock 61.3K Mar 10, 2023 Direct
holding COCO Common Stock 2.03M Mar 10, 2023 by M. Kirban 2010 F1
holding COCO Common Stock 796K Mar 10, 2023 by M. Kirban Revoc 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) Award $0 +46.9K $0.00 46.9K Mar 10, 2023 Common Stock 46.9K $16.91 Direct F3
holding COCO Non-Qualified Stock Option (right to buy) 546K Mar 10, 2023 Common Stock 546K $10.18 Direct F4
holding COCO Non-Qualified Stock Option (right to buy) 41K Mar 10, 2023 Common Stock 41K $10.18 Direct F5
holding COCO Non-Qualified Stock Option (right to buy) 299K Mar 10, 2023 Common Stock 299K $15.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by the Michael Kirban 2010 Trust.
F2 These shares hare held by the Michael Kirban Revocable Trust.
F3 The Reporting Person was granted stock options that will vest in four annual equal installments on each anniversary of the grant date provided that the Reporting Person remains in continuous service on each vesting date.
F4 The stock option is fully vested and currently exercisable.
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.