Lorna R. Simms - 11 Mar 2024 Form 4 Insider Report for Zevia PBC (ZVIA)

Signature
Lorna R. Simms
Issuer symbol
ZVIA
Transactions as of
11 Mar 2024
Net transactions value
$0
Form type
4
Filing time
13 Mar 2024, 18:47:25 UTC
Previous filing
25 Jan 2024
Next filing
27 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZVIA Class A Common Stock Award $0 +133,333 +127% $0.000000 238,113 11 Mar 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted under the Zevia PBC 2021 Equity Incentive Plan (the "2021 Plan"). Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. The RSUs vest in 1/4 increments on each anniversary of March 11, 2024 and are settled within 30 days following each vesting date.
F2 Includes 208,157 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 17,334 RSUs are vested in full, subject to deferred settlement on January 17, 2025. 18,140 RSUs began vesting in 1/4 increments on each anniversary of March 17, 2022 and are settled within 30 days following each vesting date. 43,885 RSUs begin vesting in 1/4 increments on each anniversary of March 17, 2023 and are settled within 30 days following each vesting date. 133,333 RSUs begin vesting in 1/4 increments on each anniversary of March 11,2024 and are settled within 30 days following each vesting date.
F3 Reflects a reduction of 17 RSUs, which were overreported on the Form 4 filed on March 22, 2023 and in subsequent reports, due to a calculation error.