NORTHWOOD VENTURES LLC 4
4 · Zevia PBC · Filed Sep 22, 2021
Insider Transaction Report
Form 4
Zevia PBCZVIA
NORTHWOOD VENTURES LLC
10% Owner
Transactions
- Other
Class B Units
2021-07-26−347,082→ 4,544,570 total→ Class A Common Stock (347,082 underlying) - Other
Class B Common Stock
2021-07-26−347,082→ 4,544,570 total - Other
Class B Units
2021-07-26−61,250→ 801,982 total→ Class A Common Stock (61,250 underlying) - Other
Class B Common Stock
2021-07-26−61,250→ 801,982 total
Footnotes (5)
- [F1]This Form 4 is filed jointly by Northwood Ventures LLC ("Ventures") and Northwood Capital Partners LLC ("CP"). Ventures and CP may be deemed to be members of a "group".
- [F2]Information for Ventures.
- [F3]Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the respective 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).
- [F4]Information for CP.
- [F5]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, or, at the Issuer's election, cash. Upon exchange of a Class B Unit (or redemption for cash), the corresponding share of Class B Common Stock will be automatically cancelled.