Michael Kirban - 04 Mar 2025 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Role
Executive Chairman, Director
Signature
By: Alison Klein, Attorney-in-Fact For: Michael Kirban
Issuer symbol
COCO
Transactions as of
04 Mar 2025
Transactions value $
$-145,817
Form type
4
Filing time
06 Mar 2025, 19:01:30 UTC
Previous filing
05 Mar 2025
Next filing
18 Mar 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 Disposed to Issuer $-145,817 -4,371 -3.31% $33.36 127,629 04 Mar 2025 Direct F1
holding COCO Common Stock 2,026,229 04 Mar 2025 by M. Kirban 2010 F2
holding COCO Common Stock 615,681 04 Mar 2025 by M. Kirban Revoc F3

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
holding COCO Non-Qualified Stock Option (right to buy) 546,000 04 Mar 2025 Common Stock 546,000 $10.18 Direct F4
holding COCO Non-Qualified Stock Option (right to buy) 40,950 04 Mar 2025 Common Stock 40,950 $10.18 Direct F5
holding COCO Non-Qualified Stock Option (right to buy) 298,507 04 Mar 2025 Common Stock 298,507 $15.00 Direct F6
holding COCO Non-Qualified Stock Option (right to buy) 46,875 04 Mar 2025 Common Stock 46,875 $16.91 Direct F7
holding COCO Non-Qualified Stock Option (right to buy) 62,743 04 Mar 2025 Common Stock 62,743 $26.18 Direct F8
holding COCO Non-Qualified Stock Option (right to buy) 70,715 04 Mar 2025 Common Stock 70,715 $32.78 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 These shares are held by the Michael Kirban 2010 Trust.
F3 These shares are held by the Michael Kirban Revocable Trust.
F4 The stock option is fully vested and currently exercisable.
F5 The stock option is fully vested and currently exercisable.
F6 The stock option vests in four equal annual installments beginning on November 27, 2022.
F7 The stock option vests in four equal annual installments beginning on March 10, 2024.
F8 The stock option vests in four equal annual installments beginning on March 4, 2025.
F9 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.