Sec Form 4 Filing - Burth Jonathan @ Vita Coco Company, Inc. - 2022-08-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Burth Jonathan
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 Operating Officer
(Last) (First) (Middle)
250 PARK AVENUE SOUTH, 7TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
08/12/2022
(Street)
NEW YORK, NY10003
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 08/12/2022 S 35,000 D $ 12.79( 1 ) 139,021 D
Common Stock 08/15/2022 M 7,660 A $ 6.418 146,681 D
Common Stock 08/15/2022 S 7,660 D $ 15.27( 2 ) 139,021 D
Common Stock 08/15/2022 S 10,000 D $ 14 129,021 D
Common Stock 08/15/2022 A 58,594( 3 ) A $ 0 187,615( 4 ) 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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) $ 6.418 08/15/2022 M 7,660 ( 5 ) 02/01/2023 Common Stock 7,660 $ 6.418 16,000 D
Stock Option (Right to Buy) $ 15.36 08/15/2022 A 42,980 ( 6 ) 08/15/2032 Common Stock 42,980 $ 0 42,980 D
Stock Option (Right to Buy) $ 10.178 ( 5 ) 12/16/2029 Common Stock 188,825 188,825 D
Stock Option (Right to Buy) $ 10.178 ( 7 ) 02/10/2030 Common Stock 204,750 204,750 D
Stock Option (Right to Buy) $ 10.178 ( 8 ) 01/11/2031 Common Stock 33,875 33,875 D
Stock Option (Right to Buy) $ 15 ( 9 ) 10/20/2031 Common Stock 58,043 58,043 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Burth Jonathan
250 PARK AVENUE SOUTH
7TH FLOOR
NEW YORK, NY10003
Chief Operating Officer
Signatures
/s/ Yolanda Goettsch, Attorney-in-fact 08/16/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.67 to $13.00, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
( 2 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.27 to $15.28, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
( 3 )The Reporting Person was granted restricted stock units that will vest in three equal annual installments beginning on August 15, 2025.
( 4 )These shares consist of: (i) 70,261 unvested restricted stock units and (ii) 117,354 shares of common stock obtained from option exercises.
( 5 )The stock option is fully vested and currently exercisable.
( 6 )The Reporting Person was granted stock options that will vest in three equal annual installments beginning on August 15, 2025.
( 7 )The stock option is fully vested and currently exercisable with respect to 102,375 underlying shares. The remainder will vest on February 10, 2024.
( 8 )The stock option vests in two equal biennial installment beginning on January 11, 2023.
( 9 )The stock option vests in four equal annual installments beginning on November 27, 2022.

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).

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