Girish Satya - Mar 14, 2025 Form 4 Insider Report for Zevia PBC (ZVIA)

Role
Chief Financial Officer
Signature
/s/ Lorna R. Simms, Attorney-in-Fact for Girish Satya
Stock symbol
ZVIA
Transactions as of
Mar 14, 2025
Transactions value $
-$38,147
Form type
4
Date filed
3/18/2025, 04:15 PM
Previous filing
Mar 13, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZVIA Class A Common Stock Award $0 +197K +104.25% $0.00 387K Mar 14, 2025 Direct F1
transaction ZVIA Class A Common Stock Sale -$38.1K -17.1K -4.43% $2.23 370K Mar 17, 2025 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 14, 2025 and are settled within 30 days following each vesting date.
F2 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 47,328 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.
F3 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 $2.20 to $2.295, 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.
F4 Includes 339,354 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 189,314 RSUs began vesting in 1/4 increments on each anniversary of March 11, 2024 and are settled within 30 days following each vesting date. 197,368 RSUs begin vesting in 1/4 increments on each anniversary of March 14, 2025 and are settled within 30 days following each vesting date.