Zevia PBC — Director's Dealing 2021

Jul 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zevia PBC (ZVIA)
CIK: 0001854139
Period of Report: 2021-07-26

Reporting Person: CAISSE DE DEPOT ET PLACEMENT DU QUEBEC (10% Owner)
Reporting Person: CDP Investissements Inc. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-26	Class B Common Stock	J	23703986	—	Disposed	0	Indirect
2021-07-26	Class A Common Stock	J	22022092	—	Acquired	22022092	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-26	Class B Units	$	J	23703986	Disposed		Class A Common Stock (23703986)	Indirect

Footnotes

F1: Pursuant to an Agreement and Plan of Merger , among Zevia PBC (the "Issuer"), Zip Holding Inc. and other parties thereto, Zip Holding Inc. merged with and into the Issuer. As a result of the merger, all 23,703,986 shares of the Issuer's Class B Common Stock and 23,703,986 Class B units of Zevia LLC held by Zip Holding Inc. came to represent 22,022,092 shares of Class A Common Stock and $21,957,126.17 in cash. As a result, Zip Holding Inc. ceased to be a reporting person with respect to the Issuer's securities.

F2: Prior to the merger, Zip Holding Inc. was a wholly-owned subsidiary of CDP Investissements Inc., which is a wholly-owned subsidiary of Caisse De Depot Et Placement Du Quebec, as a result of which each of them might be deemed the beneficial owner of securities held by Zip Holding Inc.

F3: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.