Rangan Padmanabhan - May 16, 2023 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Role
Chief Financial Officer
Signature
/s/ Rangan Padmanabhan, by M. Dilshad Kasmani as Attorney-in-Fact
Stock symbol
KITT
Transactions as of
May 16, 2023
Transactions value $
-$36,007
Form type
4
Date filed
5/23/2023, 06:30 PM
Previous filing
May 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KITT Common Stock Options Exercise +72K +561.18% 84.8K May 16, 2023 Direct F1
transaction KITT Common Stock Tax liability -$36K -19.5K -22.94% $1.85 65.4K May 19, 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 May 16, 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.
F2 On December 7, 2022, the reporting person was granted 144,021 RSUs, vesting in two equal installments on each of May 16, 2023 and May 16, 2024.