Marvin Cheng - Dec 16, 2022 Form 4/A - Amendment Insider Report for Karat Packaging Inc. (KRT)

Role: VP-Manufacturing, Secy
Signature: /s/ Marvin Cheng
Stock symbol: KRT
Transactions as of: Dec 16, 2022
Transactions value $: $13,440
Form type: 4/A - Amendment
Date filed: 1/13/2023, 08:30 PM
Date Of Original Report: Dec 20, 2022
Previous filing: Sep 16, 2022
Next filing: Feb 10, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KRT	Common Stock	Purchase	$13.4K	+1K	+0.01%	$13.44	6.75M	Dec 16, 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The reporting person's purchase of Karat Packaging Inc. (the "Company") common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 1,000 shares, with the reporting person's sale of 500 shares of the Company's common stock at a price of $19.00 per share and sale of 500 shares of the Company's common stock at a price of $18.64 per share on August 30, 2022. The reporting person has agreed to pay to the Company $5,382.01, representing the full amount of the profit realized in connection with the short-swing transaction.
F2	The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $13.39 to $13.44, inclusive. The reporting person undertakes to provide to 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.

Content

The reporting person's purchase of Karat Packaging Inc. (the "Company") common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 1,000 shares, with the reporting person's sale of 500 shares of the Company's common stock at a price of $19.00 per share and sale of 500 shares of the Company's common stock at a price of $18.64 per share on August 30, 2022. The reporting person has agreed to pay to the Company $5,382.01, representing the full amount of the profit realized in connection with the short-swing transaction.

The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $13.39 to $13.44, inclusive. The reporting person undertakes to provide to 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.