Jane Prior - 17 Aug 2022 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Chief Marketing Officer
Signature
/s/ Yolanda Goettsch, Attorney-in-fact
Issuer symbol
COCO
Transactions as of
17 Aug 2022
Net transactions value
-$165,880
Form type
4
Filing time
19 Aug 2022, 16:15:21 UTC
Previous filing
17 Aug 2022
Next filing
01 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Options Exercise $119,728 +18,655 +16% $6.42* 136,988 17 Aug 2022 Direct
transaction COCO Common Stock Sale $285,608 -18,655 -14% $15.31 118,333 17 Aug 2022 Direct F1, F2

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 Stock Option (Right to Buy) Options Exercise $0 -18,655 -100% $0.000000* 0 17 Aug 2022 Common Stock 18,655 $6.42 Direct F3
holding COCO Stock Option (Right to Buy) 42,980 17 Aug 2022 Common Stock 42,980 $15.36 Direct F4
holding COCO Stock Option (Right to Buy) 129,675 17 Aug 2022 Common Stock 129,675 $10.18 Direct F5
holding COCO Stock Option (Right to Buy) 113,750 17 Aug 2022 Common Stock 113,750 $10.18 Direct F6
holding COCO Stock Option (Right to Buy) 27,300 17 Aug 2022 Common Stock 27,300 $10.18 Direct F7
holding COCO Stock Option (Right to Buy) 45,605 17 Aug 2022 Common Stock 45,605 $15.00 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.21 to $15.48, 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.
F2 These shares consist of: (i) 66,927 unvested restricted stock units and (ii) 51,406 shares of common stock obtained from option exercises.
F3 The stock option is fully vested and currently exercisable
F4 The Reporting Person was granted stock options that will vest in three equal annual installments beginning on August 15, 2025.
F5 The stock option is fully vested and currently exercisable.
F6 The stock option is fully vested and currently exercisable with respect to 56,875 underlying shares. The remainder will vest on February 10, 2024.
F7 The stock option vests in two equal biennial installment beginning on January 11, 2023.
F8 The stock option vests in four equal annual installments beginning on November 27, 2022.