Joanne Bradford - Sep 9, 2021 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Role
Director
Signature
/s/ Joanne Bradford
Stock symbol
KPLT
Transactions as of
Sep 9, 2021
Transactions value $
$0
Form type
4
Date filed
9/13/2021, 09:34 PM
Previous filing
Jun 15, 2021
Next filing
Sep 23, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KPLT Restricted Stock Units Award $0 +47.6K $0.00 47.6K Sep 9, 2021 Common Stock 47.6K Direct F1, F2
transaction KPLT Restricted Stock Units Award $0 +23.8K $0.00 23.8K Sep 9, 2021 Common Stock 23.8K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 The RSUs will vest in two equal installments over a two-year period, with (a) 50% of the RSUs becoming vested on the earlier of (i) June 15, 2022 and (ii) the date of the Issuer's 2022 Annual Meeting of Stockholders; and (b) 50% of the RSUs becoming vested on the earlier of (i) June 15 2023 and (ii) the date of the Issuer's 2023 Annual Meeting of Stockholders, with each vesting date subject to the Reporting Person's continued service as a director of the Issuer.
F3 The RSUs will vest on the earlier of (i) June 15, 2022 and (ii) the date of the Issuer's 2022 Annual Meeting of Stockholders, with each vesting date subject to the Reporting Person's continued service as a director of the Issuer.