Marvin Cheng - 02 Feb 2022 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Role
VP-Manufacturing, Secy
Signature
/s/ Marvin Cheng
Issuer symbol
KRT
Transactions as of
02 Feb 2022
Net transactions value
$0
Form type
4
Filing time
11 Mar 2022, 11:50:26 UTC
Previous filing
03 Jan 2022
Next filing
22 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRT Common Stock Gift $0 -59,524 -0.87% $0.000000 6,820,876 02 Feb 2022 Direct F1
transaction KRT Common Stock Gift $0 -59,524 -0.87% $0.000000 6,761,352 02 Feb 2022 Direct F2
transaction KRT Common Stock Gift $0 -2,500 -0.04% $0.000000 6,758,852 04 Mar 2022 Direct
holding KRT Common Stock 5 02 Feb 2022 see footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 2, 2022, the reporting person made a gift of 59,524 shares to the Sherissa Cheng Irrevocable Trust, an irrevocable trust for the benefit of the reporting person's daughter, who does not share the reporting person's household. The reporting person is not the trustee.
F2 On February 2, 2022, the reporting person made a gift of 59,524 shares to the Natalie Cheng Irrevocable Trust, an irrevocable trust for the benefit of the reporting person's daughter, who does not share the reporting person's household. The reporting person is not the trustee.
F3 The reporting person no longer has a reportable interest in these shares owned by his daughter and included in the reporting person's prior ownership reports.