Form 4 for ZVIA Zevia PBC
Accepted 2023-02-07 00:00:00 ET · period of report 2023-02-03 · accession 0000898432-23-000055 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-02-07 | 2023-02-03+ | ZVIA | White Pine LLC | 10% | S - Sale | $4.85 | -136.2K | 2.52M | -5% | -$660.3K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-02-03 | S | D | 25,302 | $4.93 | 2,574,698 | D | — | — | (F1) On December 31, 2022, Laird Norton Company LLC ("LNC") contributed its 100% ownership in White Pine, Inc. to Laird Norton Enterprises Inc. ("LNE"), a wholly owned subsidiary of LNC, following which, White Pine, Inc. converted from a corporation to a limited liability company and changed its name to White Pine LLC ("White Pine"). LNE does not exercise independent voting power over White Pine, but may act upon the approval of LNC. As a result, LNC may be deemed to beneficially own the securities directly owned by White Pine. This Form 4 is filed jointly by White Pine and LNC, as the direct and beneficial owners of the securities, respectively. (F2) On February 3, 2023, White Pine sold 25,302 shares of Class A Common Stock in a series of brokered transactions at prices ranging from $4.77 to $5.04 and a weighted average price per share of $4.93 (rounded to two decimal places), for an aggregate purchase price of approximately $124,797. The detailed breakdown of executed sales will be furnished upon request. |
| 2 | Common | Class A Common Stock | 2023-02-07 | S | D | 58,368 | $4.68 | 2,463,846 | D | — | — | (F1) On December 31, 2022, Laird Norton Company LLC ("LNC") contributed its 100% ownership in White Pine, Inc. to Laird Norton Enterprises Inc. ("LNE"), a wholly owned subsidiary of LNC, following which, White Pine, Inc. converted from a corporation to a limited liability company and changed its name to White Pine LLC ("White Pine"). LNE does not exercise independent voting power over White Pine, but may act upon the approval of LNC. As a result, LNC may be deemed to beneficially own the securities directly owned by White Pine. This Form 4 is filed jointly by White Pine and LNC, as the direct and beneficial owners of the securities, respectively. (F4) On February 7, 2023, White Pine sold 58,368 shares of Class A Common Stock in a series of brokered transactions at prices ranging from $4.67 to $4.91 and a weighted average price per share of $4.68 (rounded to two decimal places), for an aggregate purchase price of approximately $273,143. The detailed breakdown of executed sales will be furnished upon request. |
| 3 | Common | Class A Common Stock | 2023-02-06 | S | D | 52,484 | $5.00 | 2,522,214 | D | — | — | (F1) On December 31, 2022, Laird Norton Company LLC ("LNC") contributed its 100% ownership in White Pine, Inc. to Laird Norton Enterprises Inc. ("LNE"), a wholly owned subsidiary of LNC, following which, White Pine, Inc. converted from a corporation to a limited liability company and changed its name to White Pine LLC ("White Pine"). LNE does not exercise independent voting power over White Pine, but may act upon the approval of LNC. As a result, LNC may be deemed to beneficially own the securities directly owned by White Pine. This Form 4 is filed jointly by White Pine and LNC, as the direct and beneficial owners of the securities, respectively. (F3) On February 6, 2023, White Pine sold 52,484 shares of Class A Common Stock in a series of brokered transactions at prices ranging from $4.78 to $5.22 and a weighted average price per share of $5.00 (rounded to two decimal places), for an aggregate purchase price of approximately $262,228. The detailed breakdown of executed sales will be furnished upon request. |