Form 4 for COCO Vita Coco Company, Inc.

Accepted 2021-10-25 00:00:00 ET · period of report 2021-10-21 · accession 0000899243-21-041447 · 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
DI	2021-10-25	2021-10-25	COCO	Henry Axelle	Dir, 10%	S - Sale	$15.00	-3.24M	20.80M	-13%	-$48.60M
D	2021-10-25	2021-10-21	COCO	Henry Axelle	Dir, 10%	A - Grant	$0.00	+2,333	2,333	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-10-25	S	D	3,240,000	$15.00	20,797,658	I By Verlinvest Beverages SA	—	—	(F1) The Reporting Person serves as Chief Financial Officer of Verlinvest Group, a parent entity of Verlinvest Beverages SA, and as a member of the board of directors of Verlinvest Beverages SA and therefore may be deemed to have shared voting power with respect to the shares of common stock held of record by Verlinvest Beverages SA. The Reporting Person disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein, if any.
2	Derivative	Restricted Stock Units	2021-10-21	A	A	2,333	$0.00	2,333	D	— · — to —	2,333 Common Stock	(F2) The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs will vest in full the earlier of (i) the day immediately preceding the first Annual Meeting after the grant date or (ii) on October 21, 2022 provided that the Reporting Person remains in continuous service on the applicable vesting date. Unless otherwise provided, on the applicable vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.