4//SEC Filing
Gay Robert 4
Accession 0000899243-21-030377
CIK 0001854139other
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 5:13 PM ET
Size
10.4 KB
Accession
0000899243-21-030377
Insider Transaction Report
Form 4
Zevia PBCZVIA
Gay Robert
Chief Strategy Officer & EVP
Transactions
- Disposition to Issuer
Class B Common Stock
2021-07-26−41,454→ 542,780 total(indirect: By Trust) - Disposition to Issuer
Class B Units
2021-07-26−41,454→ 542,780 total(indirect: By Trust)→ Class A Common Stock (41,454 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2021-07-26$13.04/sh−7,716$100,655→ 172,284 total(indirect: By Trust)Exercise: $0.01Exp: 2029-12-31→ Class A Common Stock (7,716 underlying)
Footnotes (3)
- [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).
- [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.
- [F3]Represents 7,716 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 $100,655.22 total as consideration for the cancellation.
Documents
Issuer
Zevia PBC
CIK 0001854139
Entity typeother
Related Parties
1- filerCIK 0001871607
Filing Metadata
- Form type
- 4
- Filed
- Jul 27, 8:00 PM ET
- Accepted
- Jul 28, 5:13 PM ET
- Size
- 10.4 KB