Vita Coco CMO reports PSU vesting and awards
Vita Coco Company, Inc. Chief Marketing Officer Jane Prior reported equity award activity on common stock.
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Rhea-AI Filing Summary
Vita Coco Company, Inc. Chief Marketing Officer Jane Prior reported equity award activity on common stock. She acquired 5,914 shares through the vesting and settlement of Performance Stock Units granted in 2023 and received an additional 4,401 shares as a grant or award.
To cover tax withholding on the PSU vesting, 3,267 shares were automatically withheld in a non‑discretionary disposition mandated by the company. Following these transactions, she directly holds 129,562 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 5,914 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4,401 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,914 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,267 | $0.00 | $0.00 |
| Holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
Footnotes (9)
- F1. The Reporting Person was granted restricted stock units that will vest in four annual equal installments on each anniversary of the grant date provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be withheld to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.
- F2. The acquisition reported on this Form 4 represents the vesting of Performance Stock Units (PSU) originally granted on March 10, 2023. Each PSU represents the right to receive one share of common stock. Based on performance achievement of 100%, the Reporting Person received 5,914 shares, representing 100% of the target award of 5,914 PSUs.
- F3. The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of PSUs. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
- F4. The stock option is fully vested and currently exercisable.
- F5. The stock option vests in four equal annual installments beginning on November 27, 2022.
- F6. The stock option vests in three equal annual installments beginning on August 15, 2025.
- F7. The stock options vest in four annual equal installments beginning on March 10, 2024.
- F8. The stock option vests in four equal annual installments beginning on March 4, 2025.
- F9. The Reporting Person was granted stock options that will vest in four annual equal installments on each anniversary of the grant date provided that the Reporting Person remains in continuous service on each vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Vita Coco (COCO) CMO Jane Prior report?
What are the details of the Vita Coco (COCO) Performance Stock Units vested for Jane Prior?
What ongoing Vita Coco (COCO) equity incentives does Jane Prior have after this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.
