Jane C. Morreau - Jun 7, 2023 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Director
Signature
By: Yolanda Goettsch, Attorney-in-Fact For: Jane Morereau
Stock symbol
COCO
Transactions as of
Jun 7, 2023
Transactions value $
$0
Form type
4
Date filed
6/9/2023, 06:10 PM
Previous filing
Jun 6, 2024
Next filing
Jul 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Award $0 +2.68K +115.05% $0.00 5.02K Jun 7, 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 5.76K Jun 7, 2023 Common Stock 5.76K Direct F2
holding COCO Non-Qualified Stock Option (right to buy) 45.5K Jun 7, 2023 Common Stock 45.5K $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.