Simms Lorna R. 4
4 · Zevia PBC · Filed Mar 22, 2023
Insider Transaction Report
Form 4
Zevia PBCZVIA
Simms Lorna R.
SVP, GC & Corporate Secretary
Transactions
- Award
Class A Common Stock
2023-03-17+43,902→ 110,236 total - Award
Stock Option (Right to Buy)
2023-03-17+73,171→ 73,171 totalExercise: $3.00Exp: 2033-03-17→ Class A Common Stock (73,171 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, 2023 and are settled within 30 days following each vesting date.
- [F2]Includes 96,709 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 34,667 RSUs are vested in full, subject to deferred settlement in two equal installments on each of 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. 43,902 RSUs begin vesting in 1/4 increments on each anniversary of March 17, 2023 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, 2023.