Jane Prior - Dec 3, 2024 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Chief Marketing Officer
Signature
By: Alison Klein, Attorney-in-Fact For: Jane Prior
Stock symbol
COCO
Transactions as of
Dec 3, 2024
Transactions value $
-$135,662
Form type
4
Date filed
12/5/2024, 04:37 PM
Previous filing
Nov 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Disposed to Issuer -$37.9K -1.08K -0.82% $35.02 131K Dec 3, 2024 Direct F1
transaction COCO Common Stock Options Exercise $37K +3.64K +2.78% $10.18 134K Dec 4, 2024 Direct F2
transaction COCO Common Stock Sale -$135K -3.64K -2.71% $37.04 131K Dec 4, 2024 Direct F2, F3

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 $0 -3.64K -4.56% $0.00 76.2K Dec 4, 2024 Common Stock 3.64K $10.18 Direct F4
holding COCO Non-Qualified Stock Option (right to buy) 3.68K Dec 3, 2024 Common Stock 3.68K $10.18 Direct F5
holding COCO Non-Qualified Stock Option (right to buy) 27.3K Dec 3, 2024 Common Stock 27.3K $10.18 Direct F6
holding COCO Non-Qualified Stock Option (right to buy) 45.6K Dec 3, 2024 Common Stock 45.6K $15.00 Direct F7
holding COCO Non-Qualified Stock Option (right to buy) 43K Dec 3, 2024 Common Stock 43K $15.36 Direct F8
holding COCO Non-Qualified Stock Option (right to buy) 14.2K Dec 3, 2024 Common Stock 14.2K $16.91 Direct F9
holding COCO Non-Qualified Stock Option (right to buy) 8.75K Dec 3, 2024 Common Stock 8.75K $26.18 Direct F10
* 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 reported represent shares automatically sold in a non-discretionary transaction to cover taxes and fees in connection with the vesting of restricted stock units previously granted to the reporting person.
F2 The sales of shares of common stock reported were effected pursuant to a Rule 10b5-1 trading plan.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.00 to $37.16, 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 stock option is fully vested and currently exercisable.
F5 The stock option is fully vested and currently exercisable.
F6 The stock option vests in two equal installments on January 11, 2023 and January 11, 2025.
F7 The stock option vests in four equal annual installments beginning on November 27, 2022.
F8 The stock option vests in three equal annual installments beginning on August 15, 2025.
F9 The stock option vests in four equal annual installments beginning on March 10, 2024.
F10 The stock option vests in four equal annual installments beginning on March 4, 2025.