Simms Lorna R.'s Form 4/A amendment
AmendedZevia PBCZVIA · filed Mar 28, 2024
- Accession no.
- 0001871807-24-000006
- Filed
- Mar 28, 2024
- Trade date
- Mar 25, 2024
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Mar 27, 2024
This filing lists 1 non-derivative transaction. Open-market sales total $5.32K. It was filed 3 days after the trade.
This amendment replaces 0001871807-24-000005 (filed Mar 27, 2024).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Simms Lorna R.CIK 0001871807 | Officer (SVP, GC & Corporate Secretary) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 25, 2024 | Class A Common Stock | SSaleDisposed | −5,120 | $1.04F3 | −$5,324.8 | 232,993 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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 15,506 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
The original Form 4, filed yesterday, March 27, 2024, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the transaction as an acquisition in column 4, rather than disposition, of shares by the Reporting Person.
- F3
The price reported in Column 4 is a weighted average sale price of the Issuer's Class A Common Stock. These shares were sold in multiple transactions at prices ranging from $1.035 to $1.06, inclusive. The Reporting Person undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F4
Includes 192,651 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 17,334 RSUs are vested in full, subject to deferred settlement on January 17, 2025. 18,140 RSUs began vesting in 1/4 increments on each anniversary of March 17, 2022 and are settled within 30 days following each vesting date. 43,885 RSUs began vesting in 1/4 increments on each anniversary of March 17, 2023 and are settled within 30 days following each vesting date. 133,333 RSUs begin vesting in 1/4 increments on each anniversary of March 11, 2024 and are settled within 30 days following each vesting date.