Beverages SA Verlinvest - Nov 19, 2021 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
10%+ Owner
Signature
/s/ Rafael Hulpiau, Group Secretary
Stock symbol
COCO
Transactions as of
Nov 19, 2021
Transactions value $
$0
Form type
4
Date filed
6/2/2022, 05:30 PM
Previous filing
Oct 25, 2021
Next filing
May 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Options Exercise $0 +2.33K $0.00 2.33K May 31, 2022 Direct F1
transaction COCO Common Stock Options Exercise $0 +2.33K $0.00 2.33K May 31, 2022 Direct F1
transaction COCO Common Stock Award $0 +5.76K $0.00 5.76K Jun 1, 2022 Direct F2
holding COCO Common Stock 20.6M Nov 19, 2021 Direct

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 Restricted Stock Units Options Exercise $0 -2.33K -100% $0.00* 0 May 31, 2022 Common Stock 2.33K Direct F1, F3
transaction COCO Restricted Stock Units Options Exercise $0 -2.33K -100% $0.00* 0 May 31, 2022 Common Stock 2.33K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted to Axelle Henry and Eric Melloul (the "Nominees". Based on nominee agreements between the Reporting Person and the Nominees, such RSUs were held by the Nominees as a nominee for the Reporting Person and, upon vesting of the RSUs, the underlying shares were delivered to the Reporting Persons. The RSUs convert to common stock on a one-for one-basis.
F2 Represents RSUs granted under the company's 2021 Incentive Award Plan which vest in full the earlier of (i) the day immediately preceding the first Annual Meeting after the grant date or (ii) the first anniversary of the grant date provided that the Nominees remains in continuous service on the applicable vesting date. RSUs granted to the Nominees, based on a nominee agreement between the Nominees and the Reporting Person,, will be held by the Nominees only as nominees for the Reporting Person and, upon vesting, will be delivered to the Reporting Person.
F3 RSUs were granted on October 21, 2021 with a vesting date of the earlier of (i) the day immediately preceding the first Annual Meeting after the grant date or (ii) on October 21, 2022 provided that the Nominees remains in continuous service on the applicable vesting date.