Donnelly Bohan - Apr 4, 2023 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Role
Chief Operating Officer
Signature
/s/ Donnelly A. Bohan, by M. Dilshad Kasmani as Attorney-in-Fact
Stock symbol
KITT
Transactions as of
Apr 4, 2023
Transactions value $
-$50,960
Form type
4
Date filed
4/13/2023, 09:55 PM
Previous filing
Apr 6, 2023
Next filing
Apr 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KITT Common Stock Options Exercise +72K 72K Apr 4, 2023 Direct F1
transaction KITT Common Stock Tax liability -$51K -17.5K -24.24% $2.92 54.6K Apr 11, 2023 Direct

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 Options Exercise $0 -72K -50% $0.00 72K Apr 4, 2023 Common Stock 72K 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 On October 7, 2022, the reporting person was granted 144,021 RSUs, vesting in two equal annual installments on April 04 of each of 2023 and 2024.