Sec Form 4 Filing - White Pine LLC @ Zevia PBC - 2023-06-16

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
White Pine LLC
2. Issuer Name and Ticker or Trading Symbol
Zevia PBC [ ZVIA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
801 SECOND AVENUE, SUITE 1700
3. Date of Earliest Transaction (MM/DD/YY)
06/16/2023
(Street)
SEATTLE, WA98104
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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
Class A Common Stock ( 1 ) 06/16/2023 S( 2 ) 36,691 D $ 4.71 ( 2 ) 2,161,418 D
Class A Common Stock ( 1 ) 06/20/2023 S( 3 ) 25,343 D $ 4.71 ( 3 ) 2,136,075 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
White Pine LLC
801 SECOND AVENUE
SUITE 1700
SEATTLE, WA98104
X
Laird Norton Co LLC
801 SECOND AVENUE
SUITE 1700
SEATTLE, WA98104
X
Signatures
/s/ Joseph Phelps, attorney-in-fact 06/21/2023
Signature of Reporting Person Date
/s/ Joseph Phelps, attorney-in-fact 06/21/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This Form 4 is filed jointly by White Pine LLC ("White Pine") and Laird Norton Company LLC ("LNC"). The securities are directly owned by White Pine. White Pine is an indirect, wholly owned subsidiary of LNC, and accordingly LNC may be deemed to beneficially own the securities owned directly by White Pine.
( 2 )On June 16, 2023, White Pine sold 36,691 shares of Class A Common Stock in a series of brokered transactions at prices ranging from $4.70 to $4.76 and a weighted average price per share of $4.71 (rounded to two decimal places), for an aggregate purchase price of approximately $172,940. The detailed breakdown of executed sales will be furnished upon request.
( 3 )On June 20, 2023, White Pine sold 25,343 shares of Class A Common Stock in a series of brokered transactions at prices ranging from $4.70 to $4.76 and a weighted average price per share of $4.71 (rounded to two decimal places), for an aggregate purchase price of approximately $119,478. The detailed breakdown of executed sales will be furnished upon request.

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).
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