Jane Cecil Morreau - 07 Jun 2023 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Director
Signature
By: Yolanda Goettsch, Attorney-in-Fact For: Jane Morereau
Issuer symbol
COCO
Transactions as of
07 Jun 2023
Net transactions value
$0
Form type
4
Filing time
09 Jun 2023, 18:10:22 UTC
Previous filing
06 Jun 2024
Next filing
27 Jul 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 Award $0 +2,684 +115% $0.000000 5,017 07 Jun 2023 Direct F1

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
holding COCO Deferred Stock Units 5,757 07 Jun 2023 Common Stock 5,757 Direct F2
holding COCO Non-Qualified Stock Option (right to buy) 45,500 07 Jun 2023 Common Stock 45,500 $10.18 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents RSUs granted under the company's 2021 Incentive Award Plan which vest in full the earlier of (i) the day immediately preceding the Annual Stockholders 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.
F2 Each deferred RSU represents the right to receive one share of common stock of the company. The deferred RSUs granted under the company's 2021 Incentive Award Plan are vested and will settle on the date the Reporting Person ceases service on the Board.
F3 The stock option vests in three annual installments on July 12, 2022 (with respect to 15,015 underlying shares), July 12, 2023 (with respect to 15,015 underlying shares) and July 12, 2024 (with respect to 15,470 underlying shares), respectively.