COREY BAKER - 07 Aug 2023 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Chief Financial Officer
Signature
By: Yolanda Goettsch, Attorney-in-Fact For: Corey Baker
Issuer symbol
COCO
Transactions as of
07 Aug 2023
Net transactions value
$0
Form type
4
Filing time
09 Aug 2023, 16:52:38 UTC
Previous filing
12 May 2023
Next filing
06 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Award $0 +13,592 +41% $0.000000 46,733 07 Aug 2023 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 COCO Non-Qualified Stock Option (right to buy) Award $0 +11,547 $0.000000 11,547 07 Aug 2023 Common Stock 11,547 $27.59 Direct F3
holding COCO Non-Qualified Stock Option (right to buy) 14,205 07 Aug 2023 Common Stock 14,205 $16.91 Direct F4
holding COCO Non-Qualified Stock Option (right to buy) 13,481 07 Aug 2023 Common Stock 13,481 $24.35 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted restricted stock units that will vest 40% on March 10, 2024, 30% on March 10, 2025, 20% on March 10, 2025 and 10% on March 10, 2026 provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.
F2 Consists of unvested restricted stock units.
F3 The Reporting Person was granted stock options that will vest 40% on March 10, 2024, 30% on March 10, 2025, 20% on March 10, 2026 and 10% on March 10, 2027 provided that the Reporting Person remains in continuous service on each vesting date.
F4 The stock options vest in four annual equal installments beginning on March 10, 2024.