Form 4 for ZVIA Zevia PBC
Accepted 2022-02-14 00:00:00 ET · period of report 2022-02-10 · accession 0001209191-22-009605 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-14 | 2022-02-10 | ZVIA | Margolis Harry | COO | D - Sale to Iss | $7.64 | -118 | 809.9K | -0.0% | -$901.52 |
| D | 2022-02-14 | 2022-02-10 | ZVIA | Margolis Harry | COO | M - OptEx | $0.01 | +90.0K | 810.0K | +12% | +$900 |
| D | 2022-02-14 | 2022-02-10 | ZVIA | Margolis Harry | COO | F - Tax | $9.38 | -31.9K | 778.0K | -4% | -$298.9K |
| D | 2022-02-14 | 2022-02-10 | ZVIA | Margolis Harry | COO | M - OptEx | $0.00 | -90.0K | 0 | -100% | $0 |
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 | 2022-02-10 | D | D | 118 | $7.64 | 809,882 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-02-10 | M | A | 90,000 | $0.01 | 810,000 | D | — | — | |
| 3 | Common | Class A Common Stock | 2022-02-10 | F | D | 31,863 | $9.38 | 778,019 | D | — | — | (F3) Includes 720,000 restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 570,000 RSUs will vest as follows: (i) 100% on the consummation of a change of control or (ii) in equal monthly installments over the 36-month period following January 17, 2022, and 150,000 RSUs are vested in full, subject to deferred settlement in one-third increments on each of January 17, 2023, January 17, 2024, and January 17, 2025. |
| 4 | Derivative | Restricted Phantom Units | 2022-02-10 | M | D | 90,000 | $0.00 | 0 | D | $0.01 · 2022-02-10 to 2029-01-01 | 90,000 Class A Common Stock | (F1) Represents 90,000 restricted phantom units that vested on January 21, 2022 and were settled on February 10, 2022. Each restricted phantom unit represented the right to receive a number of shares of Class A Common Stock of the Issuer with a fair market value equal to (i) the total number of restricted phantom units, multiplied by (ii) the difference between (x) the fair market value of a share of Class A Common Stock of the Issuer on the vesting date and (y) the exercise price per unit. |