Jian Guo - Feb 1, 2022 Form 3 Insider Report for Karat Packaging Inc. (KRT)

Role
Chief Financial Officer
Signature
/s/ Jian Guo
Stock symbol
KRT
Transactions as of
Feb 1, 2022
Transactions value $
$0
Form type
3
Date filed
2/2/2022, 04:47 PM
Next filing
Nov 17, 2022

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
holding KRT Restricted Stock Units Feb 1, 2022 Common Stock 7.5K $0.00 Direct F1, F2
holding KRT Stock Option (right to buy) Feb 1, 2022 Common Stock 50K $16.53 Direct 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 registrant's common stock.
F2 The RSU agreement provides that the RSUs vest in two equal annual installments beginning February 1, 2023. The RSUs were granted February 1, 2022.
F3 The option agreement provides that the option becomes exercisable in three equal annual installments beginning February 1, 2023. The option was granted February 1, 2022.