Hany Mikhail - Mar 23, 2023 Form 4 Insider Report for Zevia PBC (ZVIA)

Role: Chief Accounting Officer
Signature: /s/ Lorna R. Simms, Attorney-in-Fact for Hany Mikhail
Stock symbol: ZVIA
Transactions as of: Mar 23, 2023
Transactions value $: -$2,657
Form type: 4
Date filed: 3/24/2023, 06:53 PM
Previous filing: Mar 22, 2023
Next filing: Jan 25, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZVIA	Class A Common Stock	Sale	-$2.66K	-857	-1.56%	$3.10	54K	Mar 23, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transaction reported reflects the sale of shares of Class A Common Stock in satisfaction of the Reporting Person's tax liability in connection with the settlement of 2,061 restricted stock units ("RSUs"). This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade made by the Reporting Person.
F2	Includes 46,574 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 16,000 RSUs are vested in full, subject to deferred settlement in two equal installments on each of January 17, 2024 and January 17, 2025. 8,245 RSUs began vesting in 1/4 increments on each anniversary of March 17, 2022 and are settled within 30 days following each vesting date. 24,390 RSUs begin vesting in 1/4 increments on each anniversary of March 17, 2023 and are settled within 30 days following each vesting date.

Content

The transaction reported reflects the sale of shares of Class A Common Stock in satisfaction of the Reporting Person's tax liability in connection with the settlement of 2,061 restricted stock units ("RSUs"). This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade made by the Reporting Person.

Includes 46,574 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 16,000 RSUs are vested in full, subject to deferred settlement in two equal installments on each of January 17, 2024 and January 17, 2025. 8,245 RSUs began vesting in 1/4 increments on each anniversary of March 17, 2022 and are settled within 30 days following each vesting date. 24,390 RSUs begin vesting in 1/4 increments on each anniversary of March 17, 2023 and are settled within 30 days following each vesting date.