Zevia PBC — Director's Dealing 2021

Jul 22, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Zevia PBC (ZVIA)
CIK: 0001854139
Period of Report: 2021-07-21

Reporting Person: Ripley Rosemary L (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	5689992	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Units	$		Class A Common Stock (5689992)		Direct

Footnotes

F1: Represents the shares of Class B Common Stock of the Issuer owned by NGEN ZLLC Investment Corp. ("NGEN ZLLC"), NGEN III, LP ("NGEN III"), NGEN Zevia SPV, LLC ("NGEN Zevia") and NGEN-Mantra Holdings LLC ("NGEN-Mantra"). Of the shares of Class B Common Stock reported, 1,823,762 are held by NGEN ZLLC, 947,912 are held by NGEN III, 2,692,654 are held by NGEN Zevia, and 225,664 shares are held by NGEN-Mantra.

F2: Ms. Ripley directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares of Class B Common Stock owned by NGEN ZLLC, NGEN III, NGEN Zevia and NGEN-Mantra. Ms. Ripley disclaims beneficial ownership of the shares of Class B Common Stock reported herein except to the extent of her pecuniary interest therein and this report shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 16 or for any other purpose

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.