Florence Neubauer - Oct 9, 2023 Form 4 Insider Report for Zevia PBC (ZVIA)

Role: Interim CFO
Signature: /s/ Lorna R. Simms, Attorney-in-Fact for Florence Neubauer
Stock symbol: ZVIA
Transactions as of: Oct 9, 2023
Transactions value $: -$2,091
Form type: 4
Date filed: 10/10/2023, 06:04 PM
Previous filing: Aug 24, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZVIA	Class A Common Stock	Sale	-$2.09K	-1.03K	-2.92%	$2.03	34.2K	Oct 9, 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 2,717 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 32,533 RSUs granted under the Zevia PBC 2021 Equity Incentive Plan. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 10,870 RSUs began vesting in 1/4 increments on each anniversary of October 6, 2023 and are settled within 30 days following each vesting date. 24,380 RSUs begin vesting in 1/4 increments on each anniversary of March 17, 2024 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 2,717 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 32,533 RSUs granted under the Zevia PBC 2021 Equity Incentive Plan. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 10,870 RSUs began vesting in 1/4 increments on each anniversary of October 6, 2023 and are settled within 30 days following each vesting date. 24,380 RSUs begin vesting in 1/4 increments on each anniversary of March 17, 2024 and are settled within 30 days following each vesting date.