Ira Liran - Mar 19, 2024 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Director
Signature
By: Yolanda Goettsch, Attorney-in-Fact For: Ira Liran
Stock symbol
COCO
Transactions as of
Mar 19, 2024
Transactions value $
-$1,158,484
Form type
4
Date filed
3/21/2024, 04:45 PM
Previous filing
Dec 20, 2023
Next filing
Mar 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Sale -$350K -14K -2.12% $25.02 646K Mar 19, 2024 Direct F1, F2
transaction COCO Common Stock Sale -$476K -19K -1.85% $25.01 1.01M Mar 19, 2024 by Ira Liran 2012 FT F1, F2, F3
transaction COCO Common Stock Sale -$333K -13.3K -1.32% $25.03 995K Mar 20, 2024 by Ira Liran 2012 FT F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales of shares of common stock reported were effected pursuant to a Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.13, 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 sold at each separate price within the ranges set forth in this footnote.
F3 These shares are held by the Ira Liran 2012 Family Trust.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.12, 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 sold at each separate price within the ranges set forth in this footnote.