Jonathan Burth - 12 Aug 2022 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Reporting relationship: Chief Operating Officer
Issuer ticker: COCO
Reported as of: 12 Aug 2022
Net transaction value: -$704,618
SEC form: 4
Accepted by SEC: 16 Aug 2022, 18:45:18 UTC
Prior SEC filing: 25 Oct 2021
Next SEC filing: 18 Aug 2022
Source filing: View source filing
Reporting owner signature: /s/ Yolanda Goettsch, Attorney-in-fact

Key filing fact

Jonathan Burth filed Form 4 for Vita Coco Company, Inc. (COCO) on 16 Aug 2022.

Key facts

This page summarizes Jonathan Burth's Form 4 filing for Vita Coco Company, Inc. (COCO).
7 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 16 Aug 2022, 18:45.

Change

Previous filing in this sequence was filed on 25 Oct 2021.
Current net transaction value: -$704,618.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

COCO transaction

Common Stock

Sale

Transaction value: $447,650
Shares: -35,000
Change %: -20%
Price: $12.79
Shares after: 139,021
Date: 12 Aug 2022
Ownership: Direct
Footnotes: F1

COCO transaction

Common Stock

Options Exercise

Transaction value: $49,162
Shares: +7,660
Change %: +5.5%
Price: $6.42^*
Shares after: 146,681
Date: 15 Aug 2022
Ownership: Direct

COCO transaction

Common Stock

Sale

Transaction value: $116,968
Shares: -7,660
Change %: -5.2%
Price: $15.27
Shares after: 139,021
Date: 15 Aug 2022
Ownership: Direct
Footnotes: F2

COCO transaction

Common Stock

Sale

Transaction value: $140,000
Shares: -10,000
Change %: -7.2%
Price: $14.00
Shares after: 129,021
Date: 15 Aug 2022
Ownership: Direct

COCO transaction

Common Stock

Award

Transaction value: $0
Shares: +58,594
Change %: +45%
Price: $0.000000
Shares after: 187,615
Date: 15 Aug 2022
Ownership: Direct
Footnotes: F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

COCO transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $49,162
Shares: -7,660
Change %: -32%
Price: $6.42^*
Shares after: 16,000
Date: 15 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,660
Exercise price: $6.42
Footnotes: F5

COCO transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +42,980
Change %
Price: $0.000000
Shares after: 42,980
Date: 15 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 42,980
Exercise price: $15.36
Footnotes: F6

COCO holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 188,825
Date: 12 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 188,825
Exercise price: $10.18
Footnotes: F5

COCO holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 204,750
Date: 12 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 204,750
Exercise price: $10.18
Footnotes: F7

COCO holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 33,875
Date: 12 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 33,875
Exercise price: $10.18
Footnotes: F8

COCO holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 58,043
Date: 12 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 58,043
Exercise price: $15.00
Footnotes: F9

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.67 to $13.00, 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 purchased at each separate price within the ranges set forth in this footnote.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.27 to $15.28, 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 purchased at each separate price within the ranges set forth in this footnote.

Footnote F3

The Reporting Person was granted restricted stock units that will vest in three equal annual installments beginning on August 15, 2025.

Footnote F4

These shares consist of: (i) 70,261 unvested restricted stock units and (ii) 117,354 shares of common stock obtained from option exercises.

Footnote F5

The stock option is fully vested and currently exercisable.

Footnote F6

The Reporting Person was granted stock options that will vest in three equal annual installments beginning on August 15, 2025.

Footnote F7

The stock option is fully vested and currently exercisable with respect to 102,375 underlying shares. The remainder will vest on February 10, 2024.

Footnote F8

The stock option vests in two equal biennial installment beginning on January 11, 2023.

Footnote F9

The stock option vests in four equal annual installments beginning on November 27, 2022.