Form 4 for ZVIA Zevia PBC
Accepted 2021-07-28 00:00:00 ET · period of report 2021-07-26 · accession 0000899243-21-030366 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-07-28 | 2021-07-26 | ZVIA | Spence Padraic L. | See Remarks, Dir | D - Sale to Iss | — | -110.0K | 994.9K | -10% | — |
| D | 2021-07-28 | 2021-07-26 | ZVIA | Spence Padraic L. | See Remarks, Dir | D - Sale to Iss | $13.05 | -10.3K | 229.7K | -4% | -$134.3K |
| DMI | 2021-07-28 | 2021-07-26 | ZVIA | Spence Padraic L. | See Remarks, Dir | D - Sale to Iss | — | -110.0K | 37.2K | -75% | — |
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 B Common Stock | 2021-07-26 | D | D | 2,838 | — | 37,162 | I By Green & Grand Trust I | — | — | (F1) Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO). |
| 2 | Common | Class B Common Stock | 2021-07-26 | D | D | 2,838 | — | 37,162 | I By Green & Grand Trust II | — | — | (F1) Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO). |
| 3 | Common | Class B Common Stock | 2021-07-26 | D | D | 28,382 | — | 371,618 | I By L&H Trust | — | — | (F1) Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO). |
| 4 | Common | Class B Common Stock | 2021-07-26 | D | D | 75,982 | — | 994,866 | I By Spence Family Trust | — | — | (F1) Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO). |
| 5 | Derivative | Stock Option (Right to Buy) | 2021-07-26 | D | D | 10,290 | $13.05 | 229,710 | D | $0.01 · — to 2028-12-31 | 10,290 Class A Common Stock | (F3) Represents 10,290 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $13.045 per stock option and $134,233.05 total as consideration for the cancellation. |
| 6 | Derivative | Class B Units | 2021-07-26 | D | D | 75,982 | — | 994,866 | I By Spence Family Trust | — · — to — | 75,982 Class A Common Stock | (F2) The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled. |
| 7 | Derivative | Class B Units | 2021-07-26 | D | D | 28,382 | — | 371,618 | I By L&H Trust | — · — to — | 28,382 Class A Common Stock | (F2) The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled. |
| 8 | Derivative | Class B Units | 2021-07-26 | D | D | 2,838 | — | 37,162 | I By Green & Grand Trust II | — · — to — | 2,838 Class A Common Stock | (F2) The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled. |
| 9 | Derivative | Class B Units | 2021-07-26 | D | D | 2,838 | — | 37,162 | I By Green & Grand Trust I | — · — to — | 2,838 Class A Common Stock | (F2) The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled. |