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

Signature
By: Yolanda Goettsch, Attorney-in-Fact For: Michael Kirban
Issuer symbol
COCO
Transactions as of
10 Mar 2023
Net transactions value
$0
Form type
4
Filing time
14 Mar 2023, 21:35:12 UTC
Previous filing
16 Feb 2022
Next filing
18 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding COCO Common Stock 61,307 10 Mar 2023 Direct
holding COCO Common Stock 2,026,229 10 Mar 2023 by M. Kirban 2010 F1
holding COCO Common Stock 795,681 10 Mar 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 +46,875 $0.000000 46,875 10 Mar 2023 Common Stock 46,875 $16.91 Direct F3
holding COCO Non-Qualified Stock Option (right to buy) 546,000 10 Mar 2023 Common Stock 546,000 $10.18 Direct F4
holding COCO Non-Qualified Stock Option (right to buy) 40,950 10 Mar 2023 Common Stock 40,950 $10.18 Direct F5
holding COCO Non-Qualified Stock Option (right to buy) 298,507 10 Mar 2023 Common Stock 298,507 $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.