Corey Baker - Mar 4, 2025 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Chief Financial Officer
Signature
By: Alison Klein, Attorney-in-Fact For: Corey Baker
Stock symbol
COCO
Transactions as of
Mar 4, 2025
Transactions value $
-$31,725
Form type
4
Date filed
3/6/2025, 07:00 PM
Previous filing
Dec 13, 2024
Next filing
Mar 12, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Award $0 +5.1K +11.49% $0.00 49.4K Mar 4, 2025 Direct F1
transaction COCO Common Stock Tax liability -$31.7K -951 -1.92% $33.36 48.5K Mar 4, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COCO Non-Qualified Stock Option (right to buy) Award $0 +13.2K $0.00 13.2K Mar 4, 2025 Common Stock 13.2K $33.36 Direct F3
holding COCO Non-Qualified Stock Option (right to buy) 14.2K Mar 4, 2025 Common Stock 14.2K $16.91 Direct F4
holding COCO Non-Qualified Stock Option (right to buy) 13.5K Mar 4, 2025 Common Stock 13.5K $24.35 Direct F5
holding COCO Non-Qualified Stock Option (right to buy) 8.75K Mar 4, 2025 Common Stock 8.75K $26.18 Direct F6
holding COCO Non-Qualified Stock Option (right to buy) 11.5K Mar 4, 2025 Common Stock 11.5K $27.59 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted restricted stock units that will vest in four annual equal installments on each anniversary of the grant date provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be withheld to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.
F2 The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
F3 The Reporting Person was granted stock options that will vest in four annual equal installments on each anniversary of the grant date provided that the Reporting Person remains in continuous service on each vesting date.
F4 The stock option vests in four equal annual installments beginning on March 10, 2024.
F5 The stock option is vested as to 40% and will vest the remaining 30% on March 10, 2025, 20% on March 10, 2026 and 10% on March 10, 2027.
F6 The stock option vests in four equal annual installments beginning on March 4, 2025.