Jane Cecil Morreau - 01 Jun 2023 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Director
Signature
By: Yolanda Goettsch, Attorney-in-Fact For: Jane Morreau
Issuer symbol
COCO
Transactions as of
01 Jun 2023
Net transactions value
$0
Form type
4
Filing time
06 Jun 2024, 20:07:41 UTC
Previous filing
02 Jun 2022
Next filing
09 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Options Exercise $0 +5,757 +247% $0.000000 8,090 01 Jun 2023 Direct F1
transaction COCO Common Stock Award $0 +2,490 +23% $0.000000 13,264 04 Jun 2024 Direct 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 Deferred Stock Units Options Exercise $0 -5,757 -100% $0.000000* 0 01 Jun 2023 Common Stock 5,757 Direct F1
holding COCO Non-Qualified Stock Option (right to buy) 45,500 01 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 Each deferred RSU represents the right to receive one share of common stock of the Issuer. On June 1, 2022, the Reporting Person was granted a deferred RSU that vested in full on June 1, 2023. The deferred RSU will settle on the date the Reporting Person ceases service on the Board.
F2 Represents deferred RSUs granted under the Issuers 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. The Reporting Persons deferred RSUs will settle on the date the Reporting Person ceases service on the Board. Each deferred RSU represents the right to receive one share of common stock of the Issuer.
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.