Jian Guo - Feb 1, 2023 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Role
Chief Financial Officer
Signature
/s/ Jian Guo
Stock symbol
KRT
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/1/2023, 07:40 PM
Previous filing
Nov 17, 2022
Next filing
Aug 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRT Common Stock Options Exercise +3.75K +937.5% 4.15K Feb 1, 2023 Direct F1
holding KRT Common Stock 500 Feb 1, 2023 By spouse

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 KRT Restricted Stock Units Options Exercise $0 -3.75K -50% $0.00 3.75K Feb 1, 2023 Common Stock 3.75K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Karat Packaging Inc.'s (the "Company") common stock received upon the vesting of the restricted stock units (the "RSUs").
F2 The RSUs convert into common stock on a one-for-one basis.
F3 On February 1, 2022, the reporting person was granted 7,500 RSUs. These RSUs were scheduled to vest in two equal, annual installments beginning on February 1, 2023.