Marvin Cheng - Feb 2, 2022 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Role
VP-Manufacturing, Secy
Signature
/s/ Marvin Cheng
Stock symbol
KRT
Transactions as of
Feb 2, 2022
Transactions value $
$0
Form type
4
Date filed
3/11/2022, 11:50 AM
Previous filing
Jan 3, 2022
Next filing
Aug 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRT Common Stock Gift $0 -59.5K -0.87% $0.00 6.82M Feb 2, 2022 Direct F1
transaction KRT Common Stock Gift $0 -59.5K -0.87% $0.00 6.76M Feb 2, 2022 Direct F2
transaction KRT Common Stock Gift $0 -2.5K -0.04% $0.00 6.76M Mar 4, 2022 Direct
holding KRT Common Stock 5 Feb 2, 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.