Jonathan Burth - 12 Aug 2022 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Chief Operating Officer
Signature
/s/ Yolanda Goettsch, Attorney-in-fact
Issuer symbol
COCO
Transactions as of
12 Aug 2022
Net transactions value
-$704,618
Form type
4
Filing time
16 Aug 2022, 18:45:18 UTC
Previous filing
25 Oct 2021
Next filing
18 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Sale $447,650 -35,000 -20% $12.79 139,021 12 Aug 2022 Direct F1
transaction COCO Common Stock Options Exercise $49,162 +7,660 +5.5% $6.42* 146,681 15 Aug 2022 Direct
transaction COCO Common Stock Sale $116,968 -7,660 -5.2% $15.27 139,021 15 Aug 2022 Direct F2
transaction COCO Common Stock Sale $140,000 -10,000 -7.2% $14.00 129,021 15 Aug 2022 Direct
transaction COCO Common Stock Award $0 +58,594 +45% $0.000000 187,615 15 Aug 2022 Direct F3, F4

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 Stock Option (Right to Buy) Options Exercise $49,162 -7,660 -32% $6.42* 16,000 15 Aug 2022 Common Stock 7,660 $6.42 Direct F5
transaction COCO Stock Option (Right to Buy) Award $0 +42,980 $0.000000 42,980 15 Aug 2022 Common Stock 42,980 $15.36 Direct F6
holding COCO Stock Option (Right to Buy) 188,825 12 Aug 2022 Common Stock 188,825 $10.18 Direct F5
holding COCO Stock Option (Right to Buy) 204,750 12 Aug 2022 Common Stock 204,750 $10.18 Direct F7
holding COCO Stock Option (Right to Buy) 33,875 12 Aug 2022 Common Stock 33,875 $10.18 Direct F8
holding COCO Stock Option (Right to Buy) 58,043 12 Aug 2022 Common Stock 58,043 $15.00 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.67 to $13.00, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.27 to $15.28, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F3 The Reporting Person was granted restricted stock units that will vest in three equal annual installments beginning on August 15, 2025.
F4 These shares consist of: (i) 70,261 unvested restricted stock units and (ii) 117,354 shares of common stock obtained from option exercises.
F5 The stock option is fully vested and currently exercisable.
F6 The Reporting Person was granted stock options that will vest in three equal annual installments beginning on August 15, 2025.
F7 The stock option is fully vested and currently exercisable with respect to 102,375 underlying shares. The remainder will vest on February 10, 2024.
F8 The stock option vests in two equal biennial installment beginning on January 11, 2023.
F9 The stock option vests in four equal annual installments beginning on November 27, 2022.