Vita Coco (COCO) CMO reports PSU vesting and tax withholding
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,048 shares
Net Buy
12 txns
Insider
Prior Jane
Role
Chief Marketing Officer
| 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) | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 0 shares (Direct);
Common Stock — 129,562 shares (Direct);
Non-Qualified Stock Option (Right to Buy) — 179,479 shares (Direct)
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Vita Coco (COCO) CMO Jane Prior report?
Jane Prior reported PSU vesting, a share grant, and tax withholding. She acquired 5,914 shares from vested Performance Stock Units, received 4,401 additional common shares, and had 3,267 shares withheld automatically to satisfy tax obligations tied to the PSU vesting.
What are the details of the Vita Coco (COCO) Performance Stock Units vested for Jane Prior?
The vested Performance Stock Units were originally granted on March 10, 2023. Each PSU corresponded to one common share. With performance achievement at 100%, Jane Prior received 5,914 shares, representing the full target award of 5,914 PSUs, according to the filing’s footnotes.
What ongoing Vita Coco (COCO) equity incentives does Jane Prior have after this filing?
The filing shows multiple non-qualified stock option holdings with various vesting schedules. Some options are fully vested and exercisable, while others vest in annual installments starting on dates such as November 27, 2022, March 10, 2024, and March 4, 2025, contingent on continued service.