Robert Gay - 18 May 2022 Form 4 Insider Report for Zevia PBC (ZVIA)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 May 2022, 21:16:53 UTC
Prior SEC filing
26 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Lorna R. Simms, Attorney-in-Fact for Robert Gay

Key filing fact

Robert Gay filed Form 4 for Zevia PBC (ZVIA) on 19 May 2022.

Key facts

  • This page summarizes Robert Gay's Form 4 filing for Zevia PBC (ZVIA).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 19 May 2022, 21:16.

Change

  • Previous filing in this sequence was filed on 26 Apr 2022.
  • Current net transaction value: -$20,437.

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.

ZVIA transaction

Class A Common Stock

Sale

Transaction value
$20,437
Shares
-9,200
Change %
-1%
Price
$2.22
Shares after
885,790
Date
18 May 2022
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The transaction reported reflects the sale of shares of Class A Common Stock in satisfaction of the Reporting Person's tax liability in connection with the settlement of 19,445 restricted stock units ("RSUs"). This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade made by the Reporting Person.

Footnote F2

The price reported in Column 4 is a weighted average sale price of the Issuer's Class A Common Stock. These shares were sold in multiple transactions at prices ranging from $2.14 to $2.32, inclusive. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F3

Includes 772,220 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 700,000 RSUs began vesting in 1/36 equal monthly installments on each monthly anniversary of January 17, 2022 and are settled within 30 days following each vesting date. 150,000 RSUs are vested in full, subject to deferred settlement in 1/3 increments on each of January 17, 2023, January 17, 2024, and January 17, 2025.

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