Jian Guo - Nov 17, 2022 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Role: Chief Financial Officer
Signature: /s/ Jian Guo
Stock symbol: KRT
Transactions as of: Nov 17, 2022
Transactions value $: $11,864
Form type: 4
Date filed: 11/17/2022, 07:24 PM
Previous filing: Feb 2, 2022
Next filing: Feb 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KRT	Common Stock	Purchase	$4.9K	+350		$14.00	350	Nov 17, 2022	Direct	F1
transaction	KRT	Common Stock	Purchase	$6.97K	+500		$13.93	500	Nov 17, 2022	By spouse	F2

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $13.99 to $14.00, inclusive. The reporting person undertakes to provide to Karat Packaging Inc. (the "Company"), any security holder 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 within the ranges set forth in this footnote.
F2	The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

Content

The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $13.99 to $14.00, inclusive. The reporting person undertakes to provide to Karat Packaging Inc. (the "Company"), any security holder 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 within the ranges set forth in this footnote.

The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.