Zevia PBC — Director's Dealing 2023

Feb 8, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zevia PBC (ZVIA)
CIK: 0001854139
Period of Report: 2023-02-03

Reporting Person: White Pine LLC (N/A)
Reporting Person: Laird Norton Co LLC (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-03	Class A Common Stock	S	25302	$4.93	Disposed	2574698	Direct
2023-02-06	Class A Common Stock	S	52484	$5	Disposed	2522214	Direct
2023-02-07	Class A Common Stock	S	58368	$4.68	Disposed	2463846	Direct

Footnotes

F1: On December 31, 2022, Laird Norton Company LLC ("LNC") contributed its 100% ownership in White Pine, Inc. to Laird Norton Enterprises Inc. ("LNE"), a wholly owned subsidiary of LNC, following which, White Pine, Inc. converted from a corporation to a limited liability company and changed its name to White Pine LLC ("White Pine"). LNE does not exercise independent voting power over White Pine, but may act upon the approval of LNC. As a result, LNC may be deemed to beneficially own the securities directly owned by White Pine. This Form 4 is filed jointly by White Pine and LNC, as the direct and beneficial owners of the securities, respectively.

F2: On February 3, 2023, White Pine sold 25,302 shares of Class A Common Stock in a series of brokered transactions at prices ranging from $4.77 to $5.04 and a weighted average price per share of $4.93 (rounded to two decimal places), for an aggregate purchase price of approximately $124,797. The detailed breakdown of executed sales will be furnished upon request.

F3: On February 6, 2023, White Pine sold 52,484 shares of Class A Common Stock in a series of brokered transactions at prices ranging from $4.78 to $5.22 and a weighted average price per share of $5.00 (rounded to two decimal places), for an aggregate purchase price of approximately $262,228. The detailed breakdown of executed sales will be furnished upon request.

F4: On February 7, 2023, White Pine sold 58,368 shares of Class A Common Stock in a series of brokered transactions at prices ranging from $4.67 to $4.91 and a weighted average price per share of $4.68 (rounded to two decimal places), for an aggregate purchase price of approximately $273,143. The detailed breakdown of executed sales will be furnished upon request.