Marvin Cheng - Sep 9, 2022 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Role: VP-Manufacturing, Secy
Signature: /s/ Marvin Cheng
Stock symbol: KRT
Transactions as of: Sep 9, 2022
Transactions value $: -$54,675
Form type: 4
Date filed: 9/13/2022, 08:11 PM
Previous filing: Sep 9, 2022
Next filing: Sep 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KRT	Common Stock	Sale	-$36.6K	-2K	-0.03%	$18.28	6.75M	Sep 9, 2022	Direct	F1
transaction	KRT	Common Stock	Sale	-$18.1K	-1K	-0.01%	$18.13	6.75M	Sep 13, 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.25 to $18.30, inclusive. The reporting person undertakes to provide to Karat Packaging Inc. (the "Company"), any stockholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F2	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.25, inclusive. The reporting person undertakes to provide to the Company, any stockholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

Content

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.25 to $18.30, inclusive. The reporting person undertakes to provide to Karat Packaging Inc. (the "Company"), any stockholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.25, inclusive. The reporting person undertakes to provide to the Company, any stockholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.