Martin Roper - Nov 12, 2024 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Signature
By: Alison Klein, Attorney-in-Fact For: Martin Roper
Stock symbol
COCO
Transactions as of
Nov 12, 2024
Transactions value $
-$757,777
Form type
4
Date filed
11/14/2024, 04:53 PM
Previous filing
Nov 12, 2024
Next filing
Nov 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Sale -$176K -5K -1.12% $35.26 442K Nov 12, 2024 Direct F1, F2
transaction COCO Common Stock Sale -$10.5K -300 -0.07% $35.05 442K Nov 13, 2024 Direct F1, F3
transaction COCO Common Stock Sale -$176K -5K -1.24% $35.26 400K Nov 12, 2024 by Chris Roper FT F1, F4, F5
transaction COCO Common Stock Sale -$14K -398 -0.1% $35.08 399K Nov 13, 2024 by Chris Roper FT F1, F5, F6
transaction COCO Common Stock Sale -$176K -5K -1.24% $35.26 400K Nov 12, 2024 by Peter Roper FT F1, F7, F8
transaction COCO Common Stock Sale -$17.5K -500 -0.13% $35.10 399K Nov 13, 2024 by Peter Roper FT F1, F8, F9
transaction COCO Common Stock Sale -$176K -5K -1.24% $35.26 400K Nov 12, 2024 by Thomas Roper FT F1, F10, F11
transaction COCO Common Stock Sale -$10.5K -300 -0.08% $35.05 399K Nov 13, 2024 by Thomas Roper FT F1, F11, F12
holding COCO Common Stock 82K Nov 12, 2024 by Spouse

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 Non-Qualified Stock Option (right to buy) 580K Nov 12, 2024 Common Stock 580K $10.18 Direct F13
holding COCO Non-Qualified Stock Option (right to buy) 41K Nov 12, 2024 Common Stock 41K $10.18 Direct F14
holding COCO Non-Qualified Stock Option (right to buy) 299K Nov 12, 2024 Common Stock 299K $15.00 Direct F15
holding COCO Non-Qualified Stock Option (right to buy) 46.9K Nov 12, 2024 Common Stock 46.9K $16.91 Direct F16
holding COCO Non-Qualified Stock Option (right to buy) 62.7K Nov 12, 2024 Common Stock 62.7K $26.18 Direct F17
* 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 $35.02 to $35.41, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.16, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.04 to $35.41, 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.
F5 These shares are held by the Christopher G. Roper Exempt Family Trust.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.16, 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.41, 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.
F8 These shares are held by the Peter S. Roper Exempt Family Trust.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.16, 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.40, 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.
F11 These shares are held by the Thomas L. Roper Exempt Family Trust.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.16, 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.
F13 The stock option is fully vested and currently exercisable.
F14 The stock option vests in two equal installments on January 11, 2023 and January 11, 2025.
F15 The stock option vests in four equal annual installments beginning on November 27, 2022.
F16 The stock option vests in four equal annual installments beginning on March 10, 2024.
F17 The stock option vests in four equal annual installments beginning on March 4, 2025.