Daniel Quire - 15 Oct 2023 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Oct 2023, 21:29:41 UTC
Prior SEC filing
17 Oct 2023
Next SEC filing
19 Oct 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Daniel Quire

Key filing fact

Daniel Quire filed Form 4 for Karat Packaging Inc. (KRT) on 17 Oct 2023.

Key facts

  • This page summarizes Daniel Quire's Form 4 filing for Karat Packaging Inc. (KRT).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 17 Oct 2023, 21:29.

Change

  • Previous filing in this sequence was filed on 17 Oct 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KRT transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,666
Change %
+37%
Price
Shares after
6,182
Date
15 Oct 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KRT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,666
Change %
-100%
Price
$0.000000*
Shares after
0
Date
15 Oct 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,666
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares of Karat Packaging Inc.'s (the "Company") common stock, par value $0.001 (the "Common Stock"), received upon the vesting of restricted stock units (the "RSUs").

Footnote F2

The RSUs convert into Common Stock on a one-for-one basis.

Footnote F3

In February 2019, the reporting person was granted 5,000 RSUs. These RSUs were scheduled to vest in three equal installments beginning on April 15, 2022, the first anniversary of the closing of the Company's initial public offering. On September 20, 2021, the Compensation Committee of the Board of Directors of the Company approved the accelerated vesting of these RSUs to vest in three, equal installments on October 15, 2021, October 15, 2022 and October 15, 2023.

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