Joseph W. Dyer - Nov 7, 2023 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Role
Director
Signature
/s/ Joseph W. Dyer by Rangan Padmanabhan as Attorney-in-Fact
Stock symbol
KITT
Transactions as of
Nov 7, 2023
Transactions value $
$0
Form type
4
Date filed
11/9/2023, 09:34 PM
Previous filing
Jan 4, 2023
Next filing
Jan 4, 2024

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 Award $0 +48.2K $0.00 48.2K Nov 7, 2023 Common Stock 48.2K 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 The RSUs vest on the earlier of (i) November 7, 2024, or (ii) the date immediately preceding the Company's 2024 annual meeting of stockholders if the reporting person is not on the ballot for such meeting.