4//SEC Filing
Ripley Rosemary L 4
Accession 0001829141-24-000002
CIK 0001854139other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 4:15 PM ET
Size
11.7 KB
Accession
0001829141-24-000002
Insider Transaction Report
Form 4
Zevia PBCZVIA
Ripley Rosemary L
Director
Transactions
- Award
Class A Common Stock
2023-12-01+3,591,906→ 5,286,264 total(indirect: See Footnotes) - Disposition to Issuer
Class B Units
2023-12-01−3,591,906→ 0 total(indirect: See Footnotes)→ Class A Common Stock (3,591,906 underlying) - Disposition to Issuer
Class B Common Stock
2023-12-01−3,591,906→ 0 total(indirect: See Footnotes)
Holdings
- 34,506
Class A Common Stock
Footnotes (6)
- [F1]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 of the Issuer is automatically cancelled.
- [F2]Represents the number of shares that were cancelled upon the exchange of Class B Units of Zevia LLC for Class A Common Stock of the Issuer.
- [F3]Represents securities owned directly by NGEN III, LP ("NGEN III"), NGEN Zevia SPV, LLC ("NGEN Zevia"), and NGEN-Mantra Holdings LLC ("NGEN-Mantra"). Ms. Ripley directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares of Class A Common Stock and Class B Common Stock owned, directly or indirectly, by NGEN III, NGEN Zevia and NGEN-Mantra. Ms. Ripley disclaims beneficial ownership of the shares of Class A Common Stock and Class B Common Stock reported herein except to the extent of her pecuniary interest therein and this report shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F4]Represents the number of shares that were acquired upon the exchange of Class B Units of Zevia LLC for Class A Common Stock of the Issuer.
- [F5]Of the shares of Class A Common Stock reported, 2,567,006 are held by NGEN III, 2,493,594 are held by NGEN Zevia, and 225,664 shares are held by NGEN-Mantra.
- [F6]Includes 18,359 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 18,359 RSUs vest on the earlier to occur of (i) June 15, 2024 or (ii) the Issuer's 2024 annual meeting of stockholders and are settled within 30 days following such vesting date.
Documents
Issuer
Zevia PBC
CIK 0001854139
Entity typeother
Related Parties
1- filerCIK 0001829141
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 4:15 PM ET
- Size
- 11.7 KB