Girish Satya - Mar 11, 2024 Form 4 Insider Report for Zevia PBC (ZVIA)

Signature
/s/ Lorna R. Simms, Attorney-in-Fact for Girish Satya
Stock symbol
ZVIA
Transactions as of
Mar 11, 2024
Transactions value $
$0
Form type
4
Date filed
3/13/2024, 07:02 PM
Previous filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZVIA Class A Common Stock Award $0 +189K $0.00 189K Mar 11, 2024 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 ZVIA Stock Option (Right to Buy) Award $0 +339K $0.00 339K Mar 11, 2024 Class A Common Stock 339K $1.36 Direct 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 189,314 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 189,314 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 Represents options to purchase Class A Common Stock of the Issuer granted under the 2021 Plan. These options vest in 1/4 increments on each anniversary of March 11, 2024.