William D. Beech - 26 Jul 2021 Form 4 Insider Report for Zevia PBC (ZVIA)

Role
Chief Financial Officer and Senior Vice President
Signature
/s/ Lorna R. Simms, Attorney-in-Fact for William D. Beech
Issuer symbol
ZVIA
Transactions as of
26 Jul 2021
Net transactions value
-$50,084
Form type
4
Filing time
28 Jul 2021, 17:09:12 UTC
Previous filing
21 Jul 2021
SEC
View on sec.gov

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) Disposed to Issuer $27,082 -2,084 -48% $13.00 2,292 26 Jul 2021 Class A Common Stock 2,084 $0.0600 Direct F1
transaction ZVIA Stock Option (Right to Buy) Disposed to Issuer $23,002 -1,766 -40% $13.02 2,610 26 Jul 2021 Class A Common Stock 1,766 $0.0300 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 2,084 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $12.995 per stock option and $27,081.58 total as consideration for the cancellation.
F2 Represents 1,766 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $13.025 per stock option and $23,002.15 total as consideration for the cancellation.

Remarks:

Chief Financial Officer and Senior Vice President