Ann T. Sabahat - Sep 20, 2021 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Signature
/s/ Ann T. Sabahat
Stock symbol
KRT
Transactions as of
Sep 20, 2021
Transactions value $
$0
Form type
4
Date filed
10/5/2021, 08:30 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRT Common Stock Options Exercise +5K 5K Sep 20, 2021 Direct F1

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 KRT Restricted Stock Units Options Exercise $0 -5K -100% $0.00* 0 Sep 20, 2021 Common Stock 5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Karat Packaging Inc.'s Common Stock received upon the vesting of Restricted Stock Units ("RSUs").
F2 RSUs convert into Common Stock on a one-for-one basis.
F3 On September 8, 2020, Ann Sabahat was granted 5,000 RSUs. These RSUs were scheduled to vest on April 15, 2022. On September 20, 2021, the Compensation Committee of the Board of Directors of the Company approved the accelerated vesting of these RSUs to September 20, 2021.