Henry Axelle 4
4 · Vita Coco Company, Inc. · Filed Jun 2, 2022
Insider Transaction Report
Form 4
Henry Axelle
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2022-05-31+2,333→ 2,333 total(indirect: Held as nominee for Verlinvest Beverages SA) - Exercise/Conversion
Restricted Stock Units
2022-05-31−2,333→ 0 total(indirect: Held as nominee for Verlinvest Beverages SA)→ Common Stock (2,333 underlying)
Holdings
- 20,602,363(indirect: By Verlinvest Beverages SA)
Common Stock
Footnotes (3)
- [F1]Represents shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted to the Reporting Person. Based on a nominee agreement between the Reporting Person and Verlinvest Beverages SA ("Verlinvest"), such RSUs were held by the Reporting Person as a nominee for Verlinvest and, upon vesting of the RSUs, the underlying shares were delivered to Verlinvest. The Reporting Person disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein, if any. The RSUs convert to common stock on a one-for one-basis.
- [F2]The Reporting Person is Chief Financial Officer of Verlinvest Group, a parent entity of Verlinvest, and is a member of the board of directors of Verlinvest and therefore may be deemed to have shared voting power with respect to the shares of common stock held of record by Verlinvest. The Reporting Person disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein, if any.
- [F3]RSUs were granted on October 21, 2021 with a vesting date of the earlier of (i) the day immediately preceding the first Annual Meeting after the grant date or (ii) on October 21, 2022 provided that the Reporting Person remains in continuous service on the applicable vesting date.