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Zevia PBC — Director's Dealing 2025
Mar 18, 2025
33787_dirs_2025-03-18_ce78013d-e93f-4a03-a448-b115d4d87ce1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Zevia PBC (ZVIA)
CIK: 0001854139
Period of Report: 2025-03-14
Reporting Person: Satya Girish (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-14 | Class A Common Stock | A | 197368 | — | Acquired | 386682 | Direct |
| 2025-03-17 | Class A Common Stock | S | 17111 | $2.2294 | Disposed | 369571 | Direct |
Footnotes
F1: Represents restricted stock units ("RSUs") granted under the Zevia PBC 2021 Equity Incentive Plan (the "2021 Plan"). Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. The RSUs vest in 1/4 increments on each anniversary of March 14, 2025 and are settled within 30 days following each vesting date.
F2: The transaction reported reflects the sale of shares of Class A Common Stock in satisfaction of the Reporting Person's tax liability in connection with the settlement of 47,328 RSUs. This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade made by the Reporting Person.
F3: The price reported in Column 4 is a weighted average sale price of the Issuer's Class A Common Stock. These shares were sold in multiple transactions at prices ranging from $2.20 to $2.295, inclusive. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4: Includes 339,354 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 189,314 RSUs began vesting in 1/4 increments on each anniversary of March 11, 2024 and are settled within 30 days following each vesting date. 197,368 RSUs begin vesting in 1/4 increments on each anniversary of March 14, 2025 and are settled within 30 days following each vesting date.