Tommy W. Matura - 07 Oct 2022 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Role
Vice President of Accounting
Signature
/s/ Tommy W. Matura, by M. Dilshad Kasmani as Attorney-in-Fact
Issuer symbol
KITT
Transactions as of
07 Oct 2022
Net transactions value
$0
Form type
4
Filing time
12 Oct 2022, 16:44:49 UTC
Previous filing
13 Sep 2022
SEC
View on sec.gov

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 KITT RSU Award $0 +42,247 $0.000000 42,247 07 Oct 2022 Common Stock 42,247 Direct F1, F2
* 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") is issued pursuant to the Company's 2022 Omnibus Incentive Plan and represents a contingent right to receive one share of common stock, and vesting (i.e., forfeiture restriction termination) generally is subject to the reporting person remaining an employee or director of the Company, its affiliates or subsidiaries.
F2 33 1/3% of the RSUs vest on December 31 of each of 2023, 2024 and 2025.