Eric Melloul - May 31, 2022 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role: Director
Signature: /s/ Yolanda Goettsch, Attorney-in-Fact for Eric Melloul
Stock symbol: COCO
Transactions as of: May 31, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/2/2022, 08:16 PM
Previous filing: Oct 21, 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	Held as nominee for Verlinvest Beverages SA	F1
transaction	COCO	Common Stock	Award	$0	+5.76K	+246.76%	$0.00	8.09K	Jun 1, 2022	Held as nominee for Verlinvest Beverages SA	F2
holding	COCO	Common Stock						20.6M	May 31, 2022	By Verlinvest Beverages SA	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	Restricted Stock Units	Options Exercise	$0	-2.33K	-100%	$0.00^*	0	May 31, 2022	Common Stock	2.33K		Held as nominee for Verlinvest Beverages SA	F1, F4

* 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 the Reporting Person. Based on a nominee agreement between the Reporting Person and Verlinvest Beverages SA ("Verlinvest"), such RSUs were held by the Reporting Person as a nominee for Verlinvest and, upon vesting of the RSUs, the underlying shares were delivered to Verlinvest. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any. 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 Reporting Person remains in continuous service on the applicable vesting date. RSUs granted to the Reporting Person, based on a nominee agreement between the Reporting Person and Verlinvest, will be held by him only as a nominee for Verlinvest and, upon vesting, will be delivered to Verlinvest. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any.
F3	The Reporting Person is a member of the board of directors of Verlinvest and therefore may be deemed to have shared voting power with respect to the shares of common stock held of record by Verlinvest. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any.
F4	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 Reporting Person remains in continuous service on the applicable vesting date.