Vita Coco (NASDAQ: COCO) director receives 1,530 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liran Ira reported acquisition or exercise transactions in this Form 4 filing.
Vita Coco Company, Inc. director Liran Ira reported a compensation-related stock grant rather than an open-market trade. He received 1,530 restricted stock units (RSUs) of common stock at a reference price of $75.18 per share under the company's 2021 Incentive Award Plan.
The RSUs vest in full on the earlier of the day immediately before the next annual stockholders meeting after the grant date or the first anniversary of the grant date, if he remains in continuous service. After this grant, Ira holds 479,871 shares directly and 572,579 shares indirectly through the Ira Liran 2012 Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Liran Ira
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,530 | $75.18 | $115K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 479,871 shares (Direct, null);
Common Stock — 572,579 shares (Indirect, by Ira Liran 2012 FT)
Footnotes (1)
- Represents RSUs granted under the Company's 2021 Incentive Award Plan which vest in full the earlier of (i) the day immediately preceding the Annual Stockholders Meeting after the grant date or (ii) the first anniversary of the grant date provided the Reporting Person remains in continuous service on the applicable vesting date. Each RSU represents the right to receive one share of common stock of the Issuer. These shares are held by the Ira Liran 2012 Family Trust.
Key Figures
RSUs granted: 1,530 units
Grant reference price: $75.18 per share
Direct holdings after grant: 479,871 shares
+1 more
4 metrics
RSUs granted
1,530 units
Restricted stock units of common stock granted to director
Grant reference price
$75.18 per share
Reference price for RSU award
Direct holdings after grant
479,871 shares
Common stock directly owned by Liran Ira after transaction
Indirect holdings via trust
572,579 shares
Common stock held by the Ira Liran 2012 Family Trust
Key Terms
restricted stock units, 2021 Incentive Award Plan, continuous service, Family Trust
4 terms
restricted stock units financial
"Represents RSUs granted under the Company's 2021 Incentive Award Plan which vest in full..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2021 Incentive Award Plan financial
"Represents RSUs granted under the Company's 2021 Incentive Award Plan which vest in full..."
continuous service financial
"provided the Reporting Person remains in continuous service on the applicable vesting date."
Family Trust financial
"These shares are held by the Ira Liran 2012 Family Trust."