Corey Baker - Mar 10, 2025 Form 4 Insider Report for Vita Coco Company, Inc. (COCO)

Signature
By: Alison Klein, Attorney-in-Fact For: Corey Baker
Stock symbol
COCO
Transactions as of
Mar 10, 2025
Transactions value $
-$162,953
Form type
4
Date filed
3/12/2025, 04:54 PM
Previous filing
Mar 6, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COCO Common Stock Tax liability -$50.6K -1.47K -3.03% $34.40 47K Mar 10, 2025 Direct F1
transaction COCO Common Stock Tax liability -$57.3K -1.67K -3.54% $34.40 45.4K Mar 10, 2025 Direct F1
transaction COCO Common Stock Tax liability -$55K -1.6K -3.53% $34.40 43.8K Mar 10, 2025 Direct F1

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) 14.2K Mar 10, 2025 Common Stock 14.2K $16.91 Direct F2
holding COCO Non-Qualified Stock Option (right to buy) 13.5K Mar 10, 2025 Common Stock 13.5K $24.35 Direct F3
holding COCO Non-Qualified Stock Option (right to buy) 8.75K Mar 10, 2025 Common Stock 8.75K $26.18 Direct F4
holding COCO Non-Qualified Stock Option (right to buy) 11.5K Mar 10, 2025 Common Stock 11.5K $27.59 Direct F3
holding COCO Non-Qualified Stock Option (right to buy) 13.2K Mar 10, 2025 Common Stock 13.2K $33.36 Direct F5
* 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 The stock option vests in four equal annual installments beginning on March 10, 2024.
F3 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.
F4 The stock option vests in four equal annual installments beginning on March 4, 2025.
F5 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.