Charles van Es - 10 Jul 2024 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Signature
By: Yolanda Goettsch, Attorney-in-Fact For: Charles Van Es
Issuer symbol
COCO
Transactions as of
10 Jul 2024
Net transactions value
-$146,660
Form type
4
Filing time
12 Jul 2024, 16:18:00 UTC
Previous filing
18 Jun 2024
Next filing
01 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Options Exercise $44,498 +4,372 +4.5% $10.18 102,040 10 Jul 2024 Direct
transaction COCO Common Stock Sale $131,160 -4,372 -4.3% $30.00 97,668 10 Jul 2024 Direct F1
transaction COCO Common Stock Options Exercise $5,089 +500 +0.51% $10.18 98,168 11 Jul 2024 Direct
transaction COCO Common Stock Sale $15,500 -500 -0.51% $31.00 97,668 11 Jul 2024 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
transaction COCO Non-Qualified Stock Option (right to buy) Options Exercise $44,498 -4,372 -18% $10.18 19,675 10 Jul 2024 Common Stock 4,372 $10.18 Direct F2
transaction COCO Non-Qualified Stock Option (right to buy) Options Exercise $5,089 -500 -2.5% $10.18 19,175 11 Jul 2024 Common Stock 500 $10.18 Direct F3
holding COCO Non-Qualified Stock Option (right to buy) 113,750 10 Jul 2024 Common Stock 113,750 $10.18 Direct F4
holding COCO Non-Qualified Stock Option (right to buy) 27,300 10 Jul 2024 Common Stock 27,300 $10.18 Direct F5
holding COCO Non-Qualified Stock Option (right to buy) 58,043 10 Jul 2024 Common Stock 58,043 $15.00 Direct F6
holding COCO Non-Qualified Stock Option (right to buy) 42,980 10 Jul 2024 Common Stock 42,980 $15.36 Direct F7
holding COCO Non-Qualified Stock Option (right to buy) 14,205 10 Jul 2024 Common Stock 14,205 $16.91 Direct F8
holding COCO Non-Qualified Stock Option (right to buy) 8,746 10 Jul 2024 Common Stock 8,746 $26.18 Direct F9
* 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 stock option is fully vested and currently exercisable.
F3 The stock option is fully vested and currently exercisable.
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.
F7 The stock option vests in three equal annual installments beginning on August 15, 2025.
F8 The stock option vests in four equal annual installments beginning on March 10, 2024.
F9 The stock option vests in four equal annual installments beginning on March 4, 2025.