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Form 4 Vita Coco Company, Inc. For: Aug 15 Filed by: Prior Jane

August 17, 2022 5:32 PM EDT

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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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OMB Number: 3235-0287
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hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Prior Jane

(Last) (First) (Middle)
250 PARK AVENUE SOUTH
7TH FLOOR

(Street)
NEW YORK NY 10003

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Vita Coco Company, Inc. [ COCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Marketing Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/15/2022   A   58,594 (1) A $ 0 118,333 (2) D  
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 15.36 08/15/2022   A   42,980     (3) 08/15/2032 Common Stock 42,980.00 $ 0 42,980 D  
Stock Option (Right to Buy) $ 6.418               (4) 02/01/2023 Common Stock 18,655.00   18,655 D  
Stock Option (Right to Buy) $ 10.178               (4) 12/16/2029 Common Stock 129,675.00   129,675 D  
Stock Option (Right to Buy) $ 10.178               (5) 02/10/2030 Common Stock 113,750.00   113,750 D  
Stock Option (Right to Buy) $ 10.178               (6) 01/11/2031 Common Stock 27,300.00   27,300 D  
Stock Option (Right to Buy) $ 15.00               (7) 10/20/2031 Common Stock 45,605.00   45,605 D  
Explanation of Responses:
1. The Reporting Person was granted restricted stock units that will vest in three equal annual installments beginning on August 15, 2025.
2. These shares consist of: (i) 66,927 unvested restricted stock units and (ii) 51,406 shares of common stock obtained from option exercises.
3. The Reporting Person was granted stock options that will vest in three equal annual installments beginning on August 15, 2025.
4. The stock option is fully vested and currently exercisable.
5. The stock option is fully vested and currently exercisable with respect to 56,875 underlying shares. The remainder will vest on February 10, 2024.
6. The stock option vests in two equal biennial installment beginning on January 11, 2023.
7. The stock option vests in four equal annual installments beginning on November 27, 2022.
/s/ Yolanda Goettsch, Attorney-in-fact 08/17/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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