Greig P. DeBow Jr. - Mar 11, 2024 Form 4 Insider Report for Zevia PBC (ZVIA)

Role
Chief Commercial Officer
Signature
/s/ Lorna R. Simms, Attorney-in-Fact for Greig P. DeBow, Jr.
Stock symbol
ZVIA
Transactions as of
Mar 11, 2024
Transactions value $
$0
Form type
4
Date filed
3/13/2024, 08:23 PM
Previous filing
Oct 9, 2024
Next filing
Mar 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZVIA Class A Common Stock Award $0 +200K +156.73% $0.00 328K Mar 11, 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 317,389 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 58,997 RSUs began vesting in 1/4 increments on each anniversary of August 10, 2022 and are settled within 30 days following each vesting date. 73,141 RSUs begin vesting in 1/4 increments on each anniversary of March 17, 2023 and are settled within 30 days following each vesting date. 200,000 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 30 RSUs, which were overreported on the Form 4 filed on March 22, 2023 and in subsequent reports, due to a calculation error.