Jonathan Burth - 16 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
16 Aug 2022
Net transactions value
-$76,656
Form type
4
Filing time
18 Aug 2022, 18:02:01 UTC
Previous filing
16 Aug 2022
Next filing
01 Dec 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 Options Exercise $51,344 +8,000 +4.3% $6.42* 195,615 16 Aug 2022 Direct
transaction COCO Common Stock Sale $128,000 -8,000 -4.1% $16.00 187,615 16 Aug 2022 Direct F1

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 $0 -8,000 -50% $0.000000 8,000 16 Aug 2022 Common Stock 8,000 $6.42 Direct F2
holding COCO Stock Option (Right to Buy) 42,980 16 Aug 2022 Common Stock 42,980 $15.36 Direct F3
holding COCO Stock Option (Right to Buy) 188,825 16 Aug 2022 Common Stock 188,825 $10.18 Direct F2
holding COCO Stock Option (Right to Buy) 204,750 16 Aug 2022 Common Stock 204,750 $10.18 Direct F4
holding COCO Stock Option (Right to Buy) 34,125 16 Aug 2022 Common Stock 34,125 $10.18 Direct F5
holding COCO Stock Option (Right to Buy) 58,043 16 Aug 2022 Common Stock 58,043 $15.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 70,261 unvested restricted stock units and (ii) 117,354 shares of common stock obtained from option exercises.
F2 The stock option is fully vested and currently exercisable.
F3 The stock option will vest in three equal annual installments beginning on August 15, 2025.
F4 The stock option is fully vested and currently exercisable with respect to 102,375 underlying shares. The remainder will vest on February 10, 2024.
F5 The stock option vests in two equal biennial installment beginning on January 11, 2023.
F6 The stock option vests in four equal annual installments beginning on November 27, 2022.