Simms Lorna R. 4
4 · Zevia PBC · Filed Mar 21, 2022
Insider Transaction Report
Form 4
Zevia PBCZVIA
Simms Lorna R.
SVP, GC & Corporate Secretary
Transactions
- Award
Class A Common Stock
2022-03-17+18,140→ 70,290 total - Award
Stock Option (Right to Buy)
2022-03-17+29,826→ 29,826 totalExercise: $4.12Exp: 2032-03-17→ Class A Common Stock (29,826 underlying)
Footnotes (3)
- [F1]Represents restricted stock units ("RSUs") granted under the Zevia PBC 2021 Equity Incentive Plan (the "2021 Plan"). Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. The RSUs vest in 1/4 increments on each anniversary of March 17, 2022 and are settled within 30 days following each vesting date.
- [F2]Includes 70,140 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 50,000 RSUs are vested in full, subject to deferred settlement in 1/3 increments on each of January 17, 2023, January 17, 2024, and January 17, 2025. 18,140 RSUs begin vesting in 1/4 increments on each anniversary of March 17, 2022 and are settled within 30 days following each vesting date.
- [F3]Represents options to purchase Class A common Stock of the Issuer granted under the 2021 Plan. These options vest in 1/4 increments on each anniversary of March 17, 2022.