4//SEC Filing
Simms Lorna R. 4
Accession 0001871807-24-000005
CIK 0001854139other
Filed
Mar 26, 8:00 PM ET
Accepted
Mar 27, 7:07 PM ET
Size
6.3 KB
Accession
0001871807-24-000005
Insider Transaction Report
Form 4
Zevia PBCZVIA
Simms Lorna R.
SVP, GC & Corporate Secretary
Transactions
- Sale
Class A Common Stock
2024-03-25$1.04/sh+5,120$5,340→ 232,993 total
Footnotes (3)
- [F1]The transaction reported reflects the sale of shares of Class A Common Stock in satisfaction of the Reporting Person's tax liability in connection with the settlement of 15,506 restricted stock units ("RSUs"). This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade made by the Reporting Person.
- [F2]The price reported in Column 4 is a weighted average sale price of the Issuer's Class A Common Stock. These shares were sold in multiple transactions at prices ranging from $1.035 to $1.06,inclusive. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]Includes 192,651 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 17,334 RSUs are vested in full, subject to deferred settlement on January 17, 2025. 18,140 RSUs began vesting in 1/4 increments on each anniversary of March 17, 2022 and are settled within 30 days following each vesting date. 43,885 RSUs began vesting in 1/4 increments on each anniversary of March 17, 2023 and are settled within 30 days following each vesting date. 133,333 RSUs begin vesting in 1/4 increments on each anniversary of March 11,2024 and are settled within 30 days following each vesting date.
Documents
Issuer
Zevia PBC
CIK 0001854139
Entity typeother
Related Parties
1- filerCIK 0001871807
Filing Metadata
- Form type
- 4
- Filed
- Mar 26, 8:00 PM ET
- Accepted
- Mar 27, 7:07 PM ET
- Size
- 6.3 KB