Nicholas J. Bigney - Nov 7, 2023 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Role
General Counsel
Signature
/s/ Nicholas J. Bigney
Stock symbol
KITT
Transactions as of
Nov 7, 2023
Transactions value $
$0
Form type
4
Date filed
11/9/2023, 09:37 PM
Previous filing
Nov 9, 2023
Next filing
Feb 2, 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 +413K $0.00 413K Nov 7, 2023 Common Stock 413K 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 will vest in five annual installments commencing on November 7, 2024.